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Takeover bids

Alcoa smelter
Alcoa, Alumina, M&A, News, Takeover bids

Dust settles on Alcoa’s $3.4 billion takeover

Alcoa is set to acquire Alumina Limited in a deal that will cement the major as one of the world’s largest alumina producers. Read More
Kelsie TibbenMarch 12, 2024, 4:19 pmMarch 13, 2024
Gina Rinehart makes play for Azure Minerals
Court decision, Gina Rinehart, Hancock Prospecting, Lithium, M&A, News, Takeover bids

Hancock’s $1.7b lithium play put to vote

Azure Minerals shareholders are set to vote on the Hancock Prospecting-Sociedad Química y Minera de Chile (SQM) takeover bid in early April. Read More
Kelsie TibbenMarch 5, 2024, 8:03 amMarch 5, 2024
solar
Fortescue, News, Sustainability, Takeover bids

A new horizon for Genex solar

Solar power supplier Genex has become the subject of a takeover bid from its partner Electric Power Development (J-Power) amidst a solar offtake agreement with Fortescue. Read More
Kelsie TibbenMarch 4, 2024, 9:59 amMarch 4, 2024
Port Kembla steelworks.
Coal, M&A, News, South32, Takeover bids

BlueScope considers $2.5b South32 weigh-in

BlueScope has said it will “consider its position” on whether to match the $2.5 billion offer on South32 Limited’s Illawarra Metallurgical Coal (IMC) in New South Wales. Read More
Kelsie TibbenMarch 1, 2024, 8:53 amMarch 1, 2024
Alcoa Alumina Limited
Alcoa, Alumina, M&A, News, Takeover bids

Alcoa launches $3.4 billion takeover of Alumina

Alumina Limited announced today it will back an exclusive takeover bid from joint-venture partner Alcoa in a deal worth $3.4 billion. Read More
Kelsie TibbenFebruary 26, 2024, 10:29 amFebruary 26, 2024
spartan gold
Copper, Financial reports, Gold, Newcrest, Newmont, News, Quarterly and half yearly results, Takeover bids

Newmont to sell two WA gold mines

Newmont has revealed plans to divest six gold mines and two gold projects, two of which are in Western Australia. Read More
Olivia ThomsonFebruary 23, 2024, 8:38 amFebruary 23, 2024
lithium
Lithium, M&A, News, Takeover bids

Valor completes Canadian lithium acquisition

ASX-listed Valor Resources has finalised its acquisition of the Jesaulenko lithium project in the Thunder Bay district Ontario, Canada. Read More
Olivia ThomsonFebruary 21, 2024, 9:36 amFebruary 21, 2024
rare earth, resources
Critical minerals, News, Rare earths, Takeover bids

Norwest snaps up West Arunta ground

Norwest Minerals has entered into a binding agreement to acquire four West Arunta tenements that are prospective for niobium and rare earth elements. Read More
Olivia ThomsonFebruary 15, 2024, 8:27 amFebruary 15, 2024
Wilkie coal
Coal, News, South32, Takeover bids

Stanmore takes $135 million slice of Eagle Downs

Stanmore Resources has struck an agreement to acquire South32’s 50 per cent stake in the Eagle Downs coking coal mine in the Bowen Basin region of Queensland. Read More
Kelsie TibbenFebruary 12, 2024, 10:35 amFebruary 12, 2024
OreCorp is developing its Nyanzaga project in Tanzania, which has all the makings of a gold success story.
Gold, M&A, News, Takeover bids

SilverCorp takeover of OreCorp receives Tanzanian tick

The Tanzanian Fair Competition Commission (FCC) has granted unconditional merger control approval of SilverCorp Metals acquiring all fully paid ordinary shares of OreCorp. Read More
Olivia ThomsonFebruary 6, 2024, 8:42 amFebruary 6, 2024
Lynas in talks with MP Materials on potential merger
Lynas Rare Earths, News, Rare earths, Takeover bids

Lynas confirms merger talks with rare earths giant

Lynas Rare Earths has confirmed the company has been in conversation with its US rival MP Materials for a potential merger. Read More
Kelsie TibbenFebruary 5, 2024, 8:59 amFebruary 5, 2024
Lynas in talks with MP Materials on potential merger
Gold, M&A, News, Takeover bids

Perseus swoops in on Silvercorp hopeful

Perseus Mining has thrown its hat into the ring with an unsolicited takeover bid for OreCorp, which is currently in the midst of a $276 million acquisition by Silvercorp Metals. Read More
Kelsie TibbenJanuary 23, 2024, 9:12 amJanuary 23, 2024
lithium
Lithium, News, Takeover bids

Lithium lion locks in $98 million deal with Ganfeng

Leo Lithium is set to sell five per cent of its Goulamina lithium project in Mali to GFL International (Ganfeng) in a $98 million deal. Read More
Kelsie TibbenJanuary 22, 2024, 9:21 amJanuary 22, 2024
Evolution
Copper, Gold, News, Takeover bids

Evolution stacks up new greenfields projects

Evolution Mining has taken a bigger bite of Queensland’s copper coffers with an earn-in agreement for a stake in Red Fox Resources’ Cloncurry North project. Read More
Kelsie TibbenJanuary 18, 2024, 8:58 amJanuary 18, 2024
EQR tungsten
Critical minerals, Funding, News, Takeover bids

EQR tungsten acquisition on track

EQ Resources (EQR) and Oaktree Capital Management have satisfied the necessary conditions involved in EQR’s acquisition of European tungsten producer Salora S.L.U. Read More
Olivia ThomsonJanuary 16, 2024, 1:31 pmJanuary 17, 2024
qem
Contract award, ESG, News, Takeover bids

QEM farewells renewables project

QEM has signed a binding agreement with Enel Green Power Australia (EGPA) for the sale of the Julia Creek renewables project, located immediately adjacent to QEM’s Julia Creek vanadium and oil shale project in north-west Queensland. Read More
Olivia ThomsonJanuary 15, 2024, 10:33 amJanuary 15, 2024
CZR iron ore Robe Mesa
Iron ore, News, Takeover bids

CZR reels in $102 million iron ore deal

Billionaire prospector Mark Creasy’s CZR Resources is set to sell its interest in the Western Australian Robe Mesa iron ore project to Miracle Iron Resources. Read More
Kelsie TibbenJanuary 12, 2024, 8:32 amJanuary 12, 2024
The machines are turning again at Kalium Lakes’ sulphate of potash (SOP) purification plant at its Beyondie mine.
Funding, News, Share price, Takeover bids

Reward to raise millions for Beyondie

Reward Minerals has begun a campaign to raise $22.7 million to complete its acquisition of the Beyondie sulphate of potash (SOP) project in Western Australia. Read More
Kelsie TibbenJanuary 10, 2024, 4:18 pmJanuary 11, 2024
OreCorp Silvercorp
Gold, News, Takeover bids

OreCorp’s $276 million takeover set in motion

Despite a rocky start, Silvercorp Metals is likely to complete its acquisition of OreCorp in an off-market takeover offer. Read More
Kelsie TibbenJanuary 8, 2024, 9:03 amJanuary 8, 2024
Gina Rinehart makes play for Azure Minerals
Gina Rinehart, Hancock Prospecting, Lithium, News, Takeover bids

Hancock and SQM team up to acquire Azure

Azure Minerals has entered into a transaction implementation deed with Sociedad Química y Minera de Chile (SQM) and Hancock Prospecting in a major lithium play. Read More
Kelsie TibbenDecember 19, 2023, 10:29 amDecember 19, 2023

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