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Talon Metals to buy Lundin’s Michigan nickel-copper assets, boosting U.S. battery metal supply.
Talon Metals has agreed to acquire Lundin Mining’s Eagle Mine and Humboldt Mill in Michigan, creating a major U.S. nickel-copper producer.
The deal, pending regulatory approval, aims to strengthen domestic supply chains for battery metals used in electric vehicles and clean energy.
Closing is expected in early 2026, with financial terms undisclosed.
The transaction marks a strategic shift for both companies, enhancing Talon’s integrated production and Lundin’s focus on core North American assets.
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Talon Metals comprará los activos de níquel-cobre de Lundin en Michigan, aumentando el suministro de metal para baterías en los Estados Unidos.