Company:
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POLYMET MINING CORP (PLM)
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Form Type:
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6-K
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Filing Date:
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12/20/2021
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CIK:
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0000866028
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Address:
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444 CEDAR STREET SUITE 2060
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City, State, Zip:
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ST. PAUL, Minnesota 55101
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Telephone:
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416-915-4149
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$1.55
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Change:
0.175 (12.77%)
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Trade Time:
02:48 PM EST
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Market Cap:
$300.40M
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Description of Business
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PolyMet's primary mineral property and principal focus is the commercial
development of its NorthMet Project ("NorthMet" or "Project"), a polymetallic
project in northeastern Minnesota, United States of America, which hosts copper,
nickel, cobalt, gold, silver, and platinum group metal mineralization.
The NorthMet ore body is at the western end of a series of known
copper-nickel-precious metals deposits in the Duluth Complex. An updated
technical report and feasibility study published in March 2018 confirmed the
technical and economic viability, positioning NorthMet as the most advanced of
the four main deposits in the Duluth Complex: namely, from west to east,
NorthMet, Mesaba, Serpentine and Maturi.
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