Polymet predicts US copper, nickel output by late 2009
June 19, 08 by TheFleetIf you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
By Carole Vaporean | Source: Reuters-UK
Polymet Mining Corp. is on schedule with plans to produce initial copper and nickel concentrates at its Minnesota mine and processing plant by late 2009, said Chief Financial Officer Douglas Newby in a recent presentation to investors.
The company plans to begin processing 32,000 tonnes of ore per day at its northeastern Minnesota NorthMet project, Newby told Reuters in a subsequent interview.
Polymet bought the brownfield site from Cleveland Cliffs Inc, North America’s largest producer of iron ore pellets and a 7 percent owner of the project.
