MAC takes over at Cobar

METALS Acquisition Corp has taken ownership and full operational control of the Cornish, Scottish and Australian underground copper-silver mine near Cobar in New South Wales.

Metals Acquisition Corp has taken operational control of the CSA mine near Cobar.

16 June 2023
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MAC paid Glencore US$775 million and US$100 million in shares, which gives Glencore a 20.6% stake in MAC on closing.

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