Troilus, Torngat ink offtakes on Canada’s German mission

Date:

Canadian Prime Minister Mark Carney speaking this month on trade with the U.S. Credit: PMO

Troilus Gold (TSX: TLG), which is developing a C$1.1 billion ($800 million) capex brownfield mine project in Quebec, has signed a preliminary copper offtake agreement with a German smelter during Prime Minister Mark Carney’s trade mission to Europe.  

The deal with Aurubis in Hamburg concerns a “significant amount” of Troilus’ future concentrate production at the self-named project though financial details weren’t given, the government said on Tuesday.

It joins with other agreements on the trip. Quebec’s privately-held Torngat Metals is supplying rare earth oxides from its C$2 billion capex Strange Lake project to magnets producer Vacuumschmelze near Frankfurt.

Rock Tech Lithium (TSXV: RCK), a Canadian-German cleantech company, is getting green energy. And Carney signed a Joint Declaration of…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...