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11 Jun
13:51

NICKEL, COBALT, PLATINUM: Waterton to sell Dumont project in Quebec

Canada-based Waterton Global Resource Management is planning to sell its Dumont nickel-cobalt-platinum project in Quebec, perhaps raising as much as CAD 1 billion ($825.4m), Kallanish has learned. The Goldman Sachs Group has been hired to manage the planned auction that would enable Waterton to take advantage of high nickel-cobalt prices and growing demand for electric vehicle batteries, Bloomberg News reports. Privately held Waterton with headquarters in Toronto…
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