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Rio inks JV on Finland nickel project

Rio Tinto is teaming up with AIM-listed Bluejay Mining to develop an early stage brownfield nickel project in Finland.

Oonagh Reidy
Bluejay Mining and Rio Tinto plan to jointly develop the Enonkoski nickel project in Finland

Bluejay Mining and Rio Tinto plan to jointly develop the Enonkoski nickel project in Finland

Under the JV and earn-in agreement announced on Tuesday, Rio can staircase its stake into the Enonkoski project in three stages from 51-75% by spending US$20 million either on the asset or via cash payments...

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