# PolyMet and Teck Resources form NewRange Copper Nickel joint venture

PolyMet Mining and Teck Resources finalized a 50-50 joint venture, NewRange Copper Nickel, to complete the copper-nickel mine PolyMet has been developing in northeastern Minnesota and potentially develop a separate mine on Teck's adjacent ore body.

- Type: Partnership
- Announced: 2023-02-15
- Where: near Babbitt, 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) (partner)

## Sources

- [wtip.org](https://wtip.org/polymet-completes-merger-to-form-possible-mega-mine-near-the-bwca-lake-superior-watersheds/), 2023-02-16: "Successful closing of the joint venture moves NewRange Copper Nickel to the forefront of responsible development of American-sourced critical minerals for the manufacture of clean energy and clean transportation technologies"

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