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Exiro completes acquisition of Canada Thompson nickel complex

Canada announced on October 16 that Exiro Nickel had completed its acquisition of the Thompson Mine Complex in Manitoba, through a transaction involving…

Mining operations in Thompson, Canada — archival photograph.
Mining operations in Thompson, Canada — archival photograph.

Canada announced on October 16 that Exiro Nickel had completed its acquisition of the Thompson Mine Complex in Manitoba, through a transaction involving investment partners and the Canada Growth Fund.

Natural Resources Canada said the complex includes two underground mines and a mill and contributes around 10–15 percent of annual Canadian nickel output. Vale Base Metals retains a shareholding and an offtake agreement. The transaction aims to maintain about 675 local jobs and strengthen critical mineral supply chains.

Mining operations in Thompson, Canada — archival photograph.

Source: www.canada.ca.

Photo credit: TheTrueNorthStrongAndFree1.

Image on Wikimedia Commons — CC BY-SA 4.0. Resized and converted to WebP.

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