24
Feb
20:36
COBALT: Anglo Pacific buys Voisey’s Bay cobalt stream
London-listed Anglo Pacific announced Wednesday it has acquired through a holding company a 70% stake in a cobalt production stream from the Voisey’s Bay mine in Canada from private sellers.
The $205 million cash transaction is expected to close in March, subject to regulatory approvals. It provides the company with “significant long-life revenue stream” from a world-class operation led by Brazilian miner Vale, Kallanish learns.
Anglo’s c…
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Very good overview of the weekly steel market.
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