28
Sep
14:00
NICKEL, COPPER, COBALT: Talon acquires 51% stake in Tamarack project
Talon Metals says it has secured a 51% ownership stake in the Tamarack nickel-copper-cobalt project in Minnesota and will remain the project operator, Kallanish reports.
Talon says it completed a stock-based transaction with Rio Tinto to acquire a 51% interest in the project based on a November 2018 agreement between a subsidiary of Talon and a subsidiary of Rio Tinto. Under that agreement, Talon had until March 2022 to pay $5 million to Rio Tinto to get the 51% s…
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Very good overview of the weekly steel market.
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