29
Dec
10:10
NICKEL: Anglo Pacific acquires stake in Brazil's BRN
Anglo Pacific Group PLC is buying a near 2.1% equity stake in Brazilian Nickel Limited (BRN), Kallanish learns from the UK-based company. The investment is valued at $2 million and is part of a $27.5m funding round led by TechMet Limited, as part of the anticipated acceleration of the development of Brazilian Nickel’s Piauí Project.
“If the company decides to exercise its option to increase the gross revenue royalty (GRR) from 1.25% to 4.25…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous