Metals Acquisition Corp. (MTAL) to Combine with Glencore’s CSA Copper Mine in $1.1Bn Deal

Metals (NYSE:MTAL) has entered into a definitive sale and purchase agreement to acquire the CSA Copper Mine from Glencore (LON:GLEN) for total transaction price of $1.1 billion, or 4.5x its 2022E EBITDA. Located in New South Wales, Australia, the CSA copper and silver mine is among the country’s largest, having exploited about 41,000 metric tons
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