21
Jul
13:54
PolyMet Mining, Teck Resources form 2-project Minnesota copper-nickel JV
PolyMet Mining Corp and Teck American Inc are forming a 50:50 joint venture to develop PolyMet’s proposed $1 billion NorthMet copper-nickel-palladium project and to further study Teck’s Mesaba project, both in northeast Minnesota.
PolyMet and Teck (a subsidiary of Teck Resources) will officially become equal owners in subsidiary PolyMet Mining Inc, which will be renamed NewRange Copper Nickel, Kallanish reports.
The two projects account for one-half o…
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