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Macmahon AMNT deal closer

BINDING documentation has been signed setting Macmahon Holdings on the path towards a potential US$2.9 billion deal to be the life of mine services contractor for Amman Mineral Nusa Tenggara’s Batu Hijau copper-gold mine in Indonesia.

Noel Dyson
As part of the deal Macmahon will pick up existing mobile fleet at the mine in return for scrip. Photo: Randi Ang

As part of the deal Macmahon will pick up existing mobile fleet at the mine in return for scrip. Photo: Randi Ang

The deal, which still has to clear several hurdles including Macmahon shareholder approval, also played a key role in staving off CIMIC’s takeover bid for Macmahon in March. Should the deal go ahead,...

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