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Miner Atlantic Nickle to invest $335 million in Brazil

Tue, 15th Sep 2020 01:13

SAO PAULO, Sept 14 (Reuters) - Atlantic Nickel, a miner
backed by British private equity fund Appian, will invest $335
million starting in 2026 to build an underground nickel sulphide
mine in Brazil's Bahia state, the company said on Monday.

The investment is focused on the emerging electric batteries
market and should consolidate Atlantic Nickel as one of the
largest suppliers of nickel sulphide in the world.
(Reporting by Roberto Samora; Editing by Sandra Maler)

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