Rio Tinto has reached a binding agreement to sell its Eagle project to Lundin Mining Corporation for an estimated US$325 million in cash. This transaction is expected to close in the third quarter of 2013 and is subject to regulatory approval. The Eagle project in the Upper Peninsula of Michigan in the United States includes a high-grade underground nickel-copper mine and mill. Construction commenced in June 2010 and is approximately 55 per cent complete.
See http://riotintoeagle.com/wp-content/uploads/Rio-Tinto_Eagle-Mine_Release_061213.pdf.
The Eagle mine has been a focus of community protest for years – see articles at https://londonminingnetwork.org/?s=eagle+mine.