21
Jan
14:35
NICKEL: UK’s Kabanga Nickel to develop Tanzania’s Kabanga project
UK’s Kabanga Nickel Limited will develop the “world’s largest development-ready nickel sulphide deposit” after reaching a preliminary agreement with the Tanzania government, Kallanish reports.
The company, formerly known as LZ Nickel, agreed with Tanzania to form the Tembo Nickel Corporation joint venture. The government will hold a mandatory 16% stake. The JV will develop the Kabanga mine and build a nickel smelter, which would also smelt…
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