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Announced

Anglo American to acquire a minority stake in Canada Nickel for $24m.

Synopsis

Anglo American, a British multinational mining company, agreed to acquire a minority stake in Canada Nickel, a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets, for $24m. "As a responsible provider of future-enabling metals and minerals to our customers, we are committed to supporting our industry in increasing the availability of critical materials that will underpin the success of the energy transition, and to do so sustainably," Peter Whitcutt, Anglo American's Marketing business CEO.

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