ENERGY MINERALS

5N Plus takes to Rio Tinto tellurium deal

Toronto-listed 5N Plus (VNP) has lifted profits as the specialty metals firm builds on its commercial agreement with Rio Tinto to refine tellurium from the miner’s Kennecott copper operation in Utah, US.

 Rio's Kennecott supplies tellurium

Rio's Kennecott supplies tellurium

Quebec-based VNP posted second-quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$8.6 million, up 36% from the $6.3 million in the same quarter a year earlier.  The...

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