Toronto-based Electra Battery Materials, formerly First Cobalt, has signed a deal with Kuya Silver to get rid of its non-core assets in Canada, though the company will retain royalty interests in the properties in Canada’s Cobalt Camp. The decision is part of an agreement initially inked between the companies in 2021; that share purchase and option agreement has been amended…
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Teck, PolyMet form joint venture
Teck Resources and PolyMet Mining have agreed to form a 50/50 joint venture named NewRange Copper Nickel to advance PolyMet’s NorthMet project and Teck’s Mesaba mineral deposit.
Read MoreU.S., Canada, others ink pact for critical minerals supply
The U.S. State Department said recently that the country has entered an agreement with Canada and other countries to secure supplies of critical minerals like lithium, cobalt and nickel. According to a report by Reuters, which cited department undersecretary Jose Fernandez, as global demand continues to rise, more minerals will be needed to meet emissions reduction goals and satisfy the…
Read MoreCEO Q&A: Metso Outotec’s Pekka Vauramo
North American Mining recently sat down with the executive about changes since pairing together Metso and Outotec, and keys to the company’s business for the future. NAM: It’s now been nearly two years since the joining together of Metso and Outotec. How do you think the transition has panned out for the company and for mining customers? We originally thought…
Read MoreTesla getting nickel supply from Vale’s Canadian mines
Brazilian producer Vale has reportedly signed a new long-term agreement with Tesla that will send nickel from its mines in Canada to the vehicle maker for EV production.
Read MoreVale restarts Totten Mine
Vale said it has safely resumed operations at its Totten Mine in Sudbury, Ontario, Canada, and is ramping up production, following the safe extraction of a scoop bucket and shaft repairs.
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