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Jervois Global (ASX:JRV) closed its previously announced acquisition from Companhia Brasileira de Alumínio of its 100%-stake in the São Miguel Paulista nickel cobalt refinery in São Paulo, Brazil.
Total consideration to be paid for the acquisition is R$125 million ($23.8 million) in cash.
A Jervois technical and commercial team is currently working onsite at SMP undertaking detailed planning for the expected restart of SMP.
