NorthMet Project definition

NorthMet Project means the mining project comprised of the NorthMet Deposit and the Erie Plant.
NorthMet Project means the nonferrous mining project proposed by JVCo in respect of the PolyMet Underlying Mineral Properties as generally described in the Existing Permits in favor of JVCo as further identified in the PolyMet Disclosure Letter.
NorthMet Project means the mining project comprised of the NorthMet Deposit and the Erie Plant Notice has the meaning given to it in Section 15.1

Examples of NorthMet Project in a sentence

  • Make or commit to make, or permit the Company to make or commit to make, any Capital Expenditures during the period from the Closing Date to the Maturity Date other than as provided for in the NorthMet Project Budget.

  • Schedule 5.1(aa) lists all mineral interests and rights, including claims, concessions, surface rights, easements, exploration licenses and exploitation licenses and leases (collectively, the “Mineral Rights”) associated with the NorthMet Project which are held by the Company or the Issuer or to which either of them is a party.

  • As the Company and the Issuer proceed with financing for construction of the NorthMet Project, commencing on August 8, 2016 they have been receiving and will continue to request assistance and advice from Glencore including in connection with markets for the Company’s products, financing, financial assurance markets, and corporate strategy.

  • The proceeds of the sale of the Securities shall be used by the Company for initial capital and development costs associated with the NorthMet Project in accordance with the NorthMet Project Budget delivered to the Purchaser pursuant to Section 4.2(a) and to be approved by the Purchaser pursuant to Section 4.3(c).

  • The map presents the mineral ownership and surface ownership of the NorthMet Project, including the mineral ownership interests of RGGS Land & Minerals LTD., L.P. (RGGS) and ▇▇▇▇▇▇▇▇ Mesaba Company (LMC), the two companies with which PolyMet US has entered into mining leases.

  • Upon PolyMet giving Glencore notice that it has received permits necessary to start construction of the NorthMet Project and availability of senior construction financing in a form reasonably acceptable to Glencore, Glencore will be required to exchange the debentures for Common Shares.

  • The Corporation has completed engineering control designs as well as the design of and inputs to groundwater, surface water and air dispersion models to assess potential environmental impacts from the NorthMet Project.

  • Completion of the final EIS, incorporating appropriate responses to public comments, and a subsequent adequacy decision by the MDNR and Record of Decision by the federal agencies are necessary before the land exchange can occur and various permits required to construct and operate the NorthMet Project can be issued.

  • The mandate of the Special Committee was to consider, review and evaluate the terms of any financing involving the Standby Purchaser and any transactions for the financing of the Corporation without the involvement of the Standby Purchaser, and to consider, review and evaluate the Corporation’s liquidity and capital structure alternatives in light of the Corporation’s timely needs for capital resources due to the stage of development of the NorthMet Project.

  • The proceeds of the placement will be utilized to advance the technical program on the NorthMet Project and to provide working capital.


More Definitions of NorthMet Project

NorthMet Project means the NorthMet copper-nickel-precious metal ore deposit, the Erie Plant Facility and associated infrastructure;