Glencore makes additional investment in Stillwater Critical Minerals

Drilling at the Stillwater West project helped expand a resource estimate. Credit: Stillwater Critical Minerals

The Stillwater West project – which is also prospective for copper, cobalt, platinum group elements and gold – represents the largest nickel resource in an active US mining district, according to estimates by Stillwater Critical. This resource was 62% higher in tonnage compared to the project’s inaugural estimate, and is contained within five deposits in the 9-kilometre central area of the property, all of which are open along strike and at depth.

“We are pleased to have Glencore’s continued support through their participation in this placement as we advance our flagship Stillwater West project as a large-scale source of nine metals that are now listed as critical in the US,” said Michael Rowley, CEO of Stillwater Critical Minerals.

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