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Homeland Nickel and Brazilian Nickel to Jointly Develop Nickel Laterite Properties in Oregon
Thenewswireยท 2025-10-07 12:20
Core Viewpoint - Homeland Nickel Inc. has entered into a preliminary agreement with Brazilian Nickel Limited to jointly advance the financing and development of nickel laterite properties in Oregon, USA [1][2]. Group 1: Agreement Details - The two companies signed a memorandum of understanding (MOU) to seek development funding from state and private entities and collaborate on technical advancements [2]. - Homeland Nickel holds rights to four nickel laterite properties in southwest Oregon, namely Red Flat, Cleopatra, Woodcock Mountain, and Eight-Dollar Mountain [3]. - The collaboration will focus on exclusive funding efforts and leverage Brazilian Nickel's expertise in laterite heap leaching technology [4]. Group 2: Responsibilities and Roles - Brazilian Nickel will handle project studies, metallurgical development, ESG strategies, and compliance with international standards, while Homeland Nickel will manage stakeholder engagement, permitting, geological evaluations, and Mineral Resource Estimate preparation [5]. - Brazilian Nickel has been appointed as the exclusive development and processing partner for the Oregon properties, agreeing not to pursue similar relationships independently in Oregon or California [6]. Group 3: Company Backgrounds - Brazilian Nickel is a UK-based company established in 2013, focusing on developing nickel laterite heap leach projects, with a team experienced in low-carbon, environmentally responsible practices [7]. - Homeland Nickel is a Canadian mineral exploration company with a focus on critical metal resources, holding a significant portfolio of mining securities and nickel projects in Oregon [8].