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.
