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Market Impact: 0.35
Vale Base Metals completes transaction to establish new ownership of Thompson Mine Complex
Source: PR Newswire
M&A & RestructuringCommodities & Raw MaterialsCompany Fundamentals
A transaction involving Thompson is backed by US$200 million (approximately CAD$280 million) in new investment. VBM will retain an 18.9% minority interest and a multi-year offtake agreement, while Exiro Nickel takes over as operator.
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