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Vale unlocks the next phase of Voisey's Bay - Canadian Mining Journal

Vale unlocks the next phase of Voisey's Bay - Canadian Mining Journal
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VALE SA (VALE) Q2 2021 Earnings Call Transcript

VALE SA (VALE) Q2 2021 Earnings Call Transcript
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Anglo Pacific shares up on Voisey's Bay deal

Anglo Pacific shares up on Voisey’s Bay deal
Voisey’s Bay mine. (
Image courtesy of Vale)
Anglo Pacific Group (TSE:APY) has agreed to buy a share of cobalt production from Vale’s Voisey’s Bay mine in Canada, giving the mining royalty and streaming company exposure to the key battery metal for the first time, it said on Wednesday.
As part of the deal, Anglo Pacific will buy a company holding a 70% interest in part of the mine’s cobalt production from private equity sellers for $205 million cash and a contingent consideration of up to $27 million.
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