Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) ("Trilogy" or the "Company") is pleased to announce that Ambler Metals LLC ("Ambler Metals"), the joint venture operating company equally owned by Trilogy and a wholly-owned subsidiary of South32 Limited (ASX: S32) (LSE: S32) (JSE: S32) (ADR: SOUHY) ("South32"), has approved the 2022 program and budget of approximately $28.5 million for the advancement of the Upper Kobuk Mineral Projects ("UKMP") located in Northwestern Alaska. The budget is 10
Australian diversified miner South32 Ltd said on Thursday it would spend about $70 million to restart the Alumar aluminium smelter in Brazil with its joint venture partner Alcoa Corp. The smelter, which has been on care and maintenance since 2015, is a part of South32's Brazil Alumina operations, which also include a share in the country's largest bauxite mine and a refinery. South32 said its 40% share of Alumar will be entirely powered by renewable energy as it is restarted over 2022 and 2023.
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