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The Araguaia nickel mine is set to produce 29,000 tonnes of the battery metal a year over an estimated 28-year period. (that is holding talks with major shareholders and lenders to solve the current funding gap for the company’s Araguaia nickel project in northern Brazil.
The company has total liquidity sources of $253 million, comprising $131 million undrawn on the debt facility and cash of $122 million.
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