Canadian firm signs BCL MoU

In a statement to investors on Wednesday, PNR CEO, Keith Morrison said besides various studies to be conducted as part of the due diligence, the firm would also negotiate definitive agreements to finalise terms on the prioritised assets to be purchased. 

He said PNR’s goal was to show the potential economics of redeveloping BCL assets to produce nickel, copper and cobalt in an environmentally sound manner with appropriate social and corporate governance responsibilities.