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Glencore already owns 82% of PolyMet Mining and has long been the project's main financial backer. It offered Monday to pay around $71 million to raise that stake to 100%, which would take St ...
The proposed mining project, a 50-50 joint venture with PolyMet Mining and Teck Resources, was renamed NewRange Copper Nickel in February but is still widely known as PolyMet. It seeks to be ...
Minnesota's highest court on Wednesday handed a victory to PolyMet Mining Corp, saying state regulators need not investigate allegations of "sham permitting" when considering an air emissions ...
As of 31 December 2021, Polymetal International plc had a free float of 75.2%. [16] Most of the remainder (23.9%) was owned by ICT group whose major shareholder was Alexander Nesis . In January 2024, ICT’s share was purchased by the Omani state-owned company Mercury Investments International through its subsidiary Maaden International ...
Geologists estimate that the deposits totals about four billion tons and could be worth of one trillion dollars. [2] The precious metals contained within the deposit are essential for items such as computers, cell phones, and cars. [3] The rights to this deposit can be privately leased and are currently being leased by Polymet Mining ...
The PolyMet Mine or NorthMet Mining Project is a proposed copper mining and processing operation in the NorthMet Deposit in northeastern Minnesota, United States, [1] six miles (10 km) south of Babbitt, Minnesota. [2] The Polymet Mining Corporation project, ultimately owned by Glencore, is controversial with potential environment effects being ...
The U.S. Army Corps of Engineers said Tuesday it has revoked a crucial federal permit for the proposed NewRange Copper Nickel mine in northeastern Minnesota, a project popularly known as PolyMet ...
The PolyMet Mining Corporation (formerly Fleck Resources Ltd) (NYSE: PLM, TSX: POM), was an American company focused on mineral exploration and mine development. The company was based in Minnesota , United States with corporate headquarters in Toronto , Canada .