PolyMet get Second Installment From Glencore

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Tue, Jan 26, 2010
Copper Company News
Post by Mike Rodger, Copper Reporter

PolyMet Mining Corp. (TSX:POM)(NYSE Amex:PLM) reported today that the company has closed the second US$15 million installment of its previously announced US$25 million equity financing with Glencore AG.

The press release is quoted as saying:

PolyMet Mining Corp. is a publicly-traded mine development company that controls 100% of the NorthMet copper-nickel-precious metals ore body through a long-term lease and owns 100% of the Erie Plant, a large processing facility located approximately six miles from the ore body in the established mining district of the Mesabi Range in northeastern Minnesota.

Click here to access the entire press release

Click here to access PolyMet Corporate Site

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