# PolyMet and Teck close joint venture to form NewRange Copper Nickel

PolyMet Mining Corp. and Teck Resources Limited closed their previously announced joint venture, forming NewRange Copper Nickel LLC, which holds the NorthMet and Mesaba copper, nickel, cobalt, and PGM deposits in Minnesota.

- Type: Acquisition
- Announced: 2023-02-15
- Where: Hoyt Lakes, Minnesota, United States
- Status: completed
- Products: copper, nickel, cobalt, platinum group metals
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Teck Resources](https://endata.com/companies/12522.md) (partner)
- [PolyMet Mining](https://endata.com/companies/64262.md) (partner)
- [NewRange Copper Nickel LLC](https://endata.com/companies/68577.md) (target)

## Sources

- [newsfilecorp.com](https://www.newsfilecorp.com/release/154884), 2023-02-15: "The previously announced joint venture between PolyMet Mining Corp. and Teck Resources Limited closed today, establishing NewRange Copper Nickel LLC."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.