NICKEL/COBALT DEVELOPMENT
Diversified Canadian miner RNC Minerals is engaging a number of potential strategic investors, offtake partners and financiers who could provide the $1.3-billion capital financing required to start construction of the shovel-ready Dumont nickel/cobalt project, in the Abitibi region of Quebec.
The Toronto-headquartered company advised on Monday that given the forecasted explosive growth in nickel and cobalt demand from the electric vehicle (EV) market over the coming decade, Dumond’s time is has come.
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