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Why Did Mineral Commodities Cancel Skaland Sale to Norge Mineraler?

9:18am on Thursday 6th of November, 2025 AEDT Mining
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Why Did Mineral Commodities Cancel Skaland Sale to Norge Mineraler?

9:18am on Thursday 6th of November, 2025 AEDT
Key Points
  • Termination of sale agreement with Norge Mineraler due to missed payment
  • Legal rights reserved by Mineral Commodities for potential action
  • New term sheet signed with LNS Holding AS for USD 11.5 million
  • Exclusivity and non-refundable deposit secured from LNS Holding
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