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Wyloo fired up for Noront's Eagle's Nest


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As the world stumbles towards a decarbonized future, moving sideways and planting false steps at times, Luca Giacovazzi says he knows one thing: The transition is good for Northern Ontario’s nickel.
In a story that is still unfolding, in late May, Luca Giacovazzi, head of Australia-based Wyloo Metals Pty Ltd, announced he was prepared to invest roughly $133 million to buy Noront Resources Inc. the Toronto company that’s spent years trying to develop a new mining district near the James Bay Lowlands of Northern Ontario, called the Ring of Fire.
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