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PolyMet Mining and Teck Resources agreed to form a 50:50 joint venture, NewRange Copper Nickel LLC, to develop PolyMet's NorthMet project and Teck's Mesaba deposit in Minnesota. Glencore will fund PolyMet's share of initial work program costs up to US$105 million.
“PolyMet and Teck agree to become equal owners in NewRange Copper Nickel LLC”newsfilecorp.com
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