Core Viewpoint - Lundin Mining plans to sell its Eagle nickel-copper mine and Humboldt Mill to Talon Metals in exchange for shares, creating a pure-play U.S. nickel-copper company [1] Group 1: Transaction Details - Lundin will transfer its U.S. subsidiary owning the Eagle mine in Michigan to Talon for approximately 275 million shares of Talon stock, valued at about $83.7 million based on recent prices [1] - This transaction will allow Lundin to hold approximately 20% of Talon on a non-diluted basis [1] - The Eagle mine is currently the only operating primary nickel mine in the U.S., having produced over 194,000 tons of nickel and over 185,000 tons of copper since production began, with revenues exceeding $3.2 billion expected by Q3 2025 [1] Group 2: Future Operations - Post-transaction, Talon will process critical minerals at multiple facilities in the U.S., operate the Humboldt Mill in Michigan, and plans to establish a processing facility in Beulah, North Dakota [1] - The transaction is expected to be completed by early January 2026, pending regulatory approval, after which Eagle's production will no longer be included in Lundin's production guidance [2]
Lundin Mining将向Talon Metals出售Eagle镍铜矿
Wen Hua Cai Jing·2025-12-19 07:19