08
Sep
01:00
Cliffs to sell shares in Canadian nickel-alloy project
Cliffs Natural Resources has agreed to sell its shares of First Point Minerals Corporation and its Decar nickel-iron alloy project in British Columbia, Canada.
An affiliated Cliffs company will sell the 14,353,190 common shares it holds in the capital of First Point to one or more purchases that First Point will identify. The transaction's closing is expected in the fourth quarter of this year.
A Cliffs spokesperson told Kallanish the intent of th…
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