The Phoenix mine is a large mine in the west of Botswana in the North-East District.
Phoenix represents one of the largest nickel reserve in Botswana having estimated reserves of 329.7 million tonnes of ore grading 0.23% nickel.
Tati Nickel Mining Company (Pty) Ltd was founded in 1988.
Tati Nickel Mining Company (Pty) Ltd was owned for some time by Norilsk Nickel (85%) and the Government of Botswana (15%).
Norilsk agreed to sell its 85% stake to BCL Limited around 2016, but BCL went into liquidation around this time, leading to a legal disagreements between the companies.