Blue Moon Metals Acquires Key Infrastructure for Nussir Project

Blue Moon Metals ( (TSE:MOON) ) has shared an announcement.

Blue Moon Metals has acquired Repparfjord Eiendom AS, including its operating aggregate quarry and shiploading equipment, in a transaction valued at approximately US$16 million. This acquisition provides Blue Moon’s Nussir Project in Norway with essential infrastructure, such as a modern ship-loading system, port facilities, and a fully permitted aggregate mine, significantly advancing the project’s development and operational capabilities.

More about Blue Moon Metals

Blue Moon Metals Inc. operates in the mining industry, focusing on the development and production of mineral resources. The company is primarily engaged in aggregate mining and related infrastructure projects, with a market focus on expanding its operations and assets in strategic locations such as Norway.

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $16.06M

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