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Talon Metals acquires Eagle Mine and Humboldt Mill for $127M, securing key U.S. nickel and copper resources for clean energy.
Talon Metals has completed its acquisition of Lundin Mining’s Eagle Mine and Humboldt Mill in Michigan, gaining control of a key U.S. nickel and copper operation.
The deal, valued at about $127 million, involves 275 million Talon shares and positions Talon as a major domestic producer of critical minerals for clean energy and national security.
The transaction allows Lundin Mining to focus on copper, aiming to become a top-ten global producer.
The integration enhances Talon’s resource base and supports its Tamarack Project in Minnesota.
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Talon Metals adquiere Eagle Mine y Humboldt Mill por $127M, asegurando los recursos clave de níquel y cobre de los EE.UU. para energía limpia.