Mining News

Kabanga says Tanzania mine may answer Elon Musk’s nickel plea

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Kabanga Nickel is seeking to raise $1.3-billion for a massive mining project in Tanzania that the company says could help ease electric-vehicle manufacturers’ insatiable demand for nickel. “We are accelerating these kind of discussions as quickly as possible,” CEO Chris Showalter, a former investment banker, said in an interview. “Because of the quality of the project, we have developed substantial interest.”

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