Column: Trump 2.0 won’t reverse Biden’s critical minerals push
Donald Trump has described the Inflation Reduction Act (IRA) as a "green scam" and vowed to repeal it after he returns to the White House in January.
Australia’s Centaurus Metals Ltd on Tuesday said it had reached an agreement to acquire a large-scale nickel sulphide project from Vale SA in northern Brazil.
The deal which comprises of an upfront cash payment of $250,000, also includes the transfer of the Salobo West copper-gold project tenements to Brazil’s Vale.
Vale, the world’s largest iron ore exporter, will also have the right to purchase 100% of production from the Jaguar nickel sulphide project under a future offtake agreement, the company said in a statement.
(By Shriya Ramakrishnan; Editing by Stephen Coates)
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