Metallica subsidiary faces liquidation over royalty SNAFU

BELEAGURED bauxite hopeful Metallica Minerals is hoping it can settle a case of missing royalty agreements this week, and avoid having to liquidate a subsidiary that could open the company and past directors to a multi-million dollar claim.

Investigations continue into Nornico.

18 September 2019
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Metallica was forced to put its wholly-owned Nornico into the hands of McGrath Nicol last month after it realised that only one of three royalty agreements over the Sconi nickel-cobalt was transferred

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