Shareholders gave a green light to Metals Acquisition to purchase copper mine to Australia

Shareholders Metals Acquisition (MAC) corporations approved purchase copper mine CSA in the Australian State of New South Wales. These assets belong at present to the Australian division of corporation of Glencore Int AG. The transaction is estimated at $1,1 billion plus 1,5% of a royalty until the end of the term of operation of the enterprise which under present conditions is planned in 2037. As the head of MAC Mick Mallen Poppy claimed in March, 2022, company is going to enclose about $130 million in mine to increase its productivity and to prolong operation term. At mine works and the processing enterprise, which...