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Anglo American announced on Wednesday plans to acquire a 9.9% stake in Canada Nickel, as part of its strategy to expand nickel product offering targeting EV battery demand, Kallanish reports. The London-based miner said the purchase, expected to close by 28 February, would give it access to nickel concentrate from the Crawford project in Ontario, Canada. Anglo will have the exclusive right to purchase up to 10% of recoveries, which also include iron and chromium, …
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