Metals X bids for Aditya

METALS X has lobbed an $A85.8 million scrip bid for struggling WA copper miner Aditya Birla Minerals.

Metals X bids for Aditya Metals X bids for Aditya Metals X bids for Aditya Metals X bids for Aditya Metals X bids for Aditya

Peter Cook believes Metals X has the underground mining expertise to turn the Nifty mine around.

The move comes a week after Aditya appointed a financial adviser to assist with a strategic review, with options including a potential sale of the company.