30
May
19:43
Outokumpu invests in Canadian miner FPX Nickel
Outokumpu plans to strengthen the global nickel supply chain with its investment in Canadian company FPX Nickel. Kallanish understands Outokumpu has agreed to invest €11 million ($11.8m) in FPX Nickel for a 9.9% ownership share of the Vancouver, British Columbia-based miner.
Outokumpu indicates this investment is well suited for the company due to FPX Nickel's focus on sustainability, which aligns with the company's goal of decarbonising its stainless…
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