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Teck in copper-nickel jv with Glencore-backed PolyMet

Toronto-listed Teck Resources Limited and PolyMet Mining Corp have signed a joint venture to advance PolyMet’s NorthMet project and Teck’s Mesaba mineral deposit in Minnesota.

Teck in copper-nickel jv with Glencore-backed PolyMet Teck in copper-nickel jv with Glencore-backed PolyMet Teck in copper-nickel jv with Glencore-backed PolyMet Teck in copper-nickel jv with Glencore-backed PolyMet Teck in copper-nickel jv with Glencore-backed PolyMet

Teck turns to PolyMet's project

The joint venture will be named NewRange Copper Nickel.  

Shares in PolyMet gained 14% to C$4.04, giving the Glencore-backed firm a market capitalisation of C$409 million.

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