Blue Moon Metals (TSXV: MOON; NASDAQ: BMM) this week approved building its $184 million capex Nussir copper-gold-silver mine in northern Norway and moved toward restarting the Springer tungsten mine in Nevada.

Paired with a C$150 million equity raise to fund construction, the decision on Monday seeks to shift the company from developer to builder. It locks in a 13-year mine plan for Nussir, a 6,000-tonne-ore-per-day underground mine about 1,400 km north of Oslo. First production is targeted for the third quarter of 2027.

The construction capital is also to come from cash, undrawn funds from its $140 million project package.

Blue Moon’s bigger project bets sit in the US, where Springer in Nevada, Blue Moon in California and Apex in Utah could form a western supply chain for tungsten, gallium and germanium rather than leave the company reliant on one Norwegian copper mine.