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Canada
The Dumont Nickel-Cobalt Project is a fully permitted, construction-ready mine containing one of the world’s largest undeveloped nickel and cobalt reserves. A July 2019 feasibility study highlighted the project’s scale, low costs and 30 year mine life. Dumont Nickel now describes the project as planning to produce approximately 42,000 tonnes of nickel concentrate annually for more than 30 years from a mineral reserve of over one billion tonnes grading 0.27% nickel and 107 ppm cobalt.
On February 6, 2025, Dumont Nickel received up to C$1.1 million from Natural Resources Canada to support an engineering study for an eight kilometre transmission line to connect the project to the Hydro-Québec grid. In February 2026, Dumont Nickel outlined 2026 objectives focused on finalizing a financing package, securing concentrate offtake agreements, progressing technical updates, launching detailed engineering in the third quarter of 2026 and targeting the start of construction in 2027.
Metalla holds a 2% NSR royalty on a portion of Dumont.
Metalla GEOs reflect the attributable gold-equivalent ounces under the 2.00% NSR Royalty. Resources shown exclusive of reserves. See Asset Handbook for full notes.
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