PolyMet Mining Corp and Teck Resources Ltd. said on Wednesday they will form a joint venture to develop their Minnesota copper and nickel mining projects.
Cherry said the JV will benefit from Teck’s technical experience in building mines and PolyMet’s experience in obtaining U.S. mine permits. Both projects are located in Minnesota’s Iron Range region, which has a long history of mining taconite ore. The area is about 150 miles south of Minnesota’s Boundary Waters region, where Antofagasta Plc’s plans to build the Twin Metals copper mine were recently dashed by U.S. President Joe Biden.
Source: Car News Wire (carnewswire.net)
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