News
10 December 2021

Nickel Mines buys Oracle project stake for $525m

In:
Metals and Mining
Region:
Asia-Pacific

Nickel Mines has struck a deal with Shanghai Decent Investment Co to buy a 70% equity interest in the Oracle Nickel Project, in Indonesia, in a deal worth a total of $525 million. Nickel Mines will acquire its 70% interest for a total consideration of $371 million, together with the obligation to...

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