The Canadian junior is targeting 2026 to re-open the past-producing tin-copper mine in Cornwall, England.

The Tara mine accounted for half of Boliden's zinc concentrate in 2022.

The MoU comes as the EU and South America's Mercosur bloc push towards finalizing a trade deal.

The Swedish smelter is a major producer of copper, zinc, lead and other metals.

The trader that last month built up a dominant position in aluminum has begun taking delivery of some metal while rejecting supplies produced in Russia.

The European Commission wants to speed up the development of new mines like Per Geijer to end its dependence.

Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago.