The factory in Quebec will eventually produce 45,000 tonnes of cathode active materials per year.

Granite’s Carmacks project, some First Nations property and the past-producing Minto Metals mine would form a 30-year operation able to produce 2 billion lb. copper.

The private placement represents the latest round of funding secured by Imperial for its BC mine projects.

The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700 tonnes of CO2.

The court found that its January 2021 agreement to buy 85% of Orion's royalty on Thacker Pass was binding and enforceable.

More than 50,000 meters of drilling, out of the planned 68,000 meters for the 2023 program at Novador have been completed.

While McEwen is funded into next year as it drills the Los Azules project, it may go public later in 2023 or early 2024 to bankroll a feasibility study.

She will be replaced by William Lamb, who served as chief executive from May 2011 to February 2018.