19
Dec
18:43
US Strategic Metals secures funding for cobalt-nickel mine
US Strategic Metals (USSM) has secured a $230 million financing package from Appian Capital Advisory, the companies announced earlier this week.
The funding will be used to further develop USSM’s underground cobalt-nickel mine in Fredericktown, Missouri. Additionally, the package will finance construction costs at USSM’s co-located battery metals recycling facility.
Through its Fredericktown facility, USSM will be able to mine, process and recover min…
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