Tanzania's government settles with Indiana Resources for $90M over legacy nickel assets, in three installments.
Tanzania's government agreed to a $90M settlement with Indiana Resources, ending a 7-year legal dispute over legacy nickel assets. The payment will be made in three installments, with the first $35M paid and the second $25M due by October 25, and a final $30M due by March 30. This settlement boosts Indiana Resources' financial standing and could lead to capital returns for shareholders.
July 29, 2024
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