News
19 July 2024

Blank-check firm to buy Turkish mine in $290m bet on copper demand

In:
Metals and Mining
Region:
Europe

Blank-check firm ACG Acquisition is buying a Turkish mine, which plans to start copper and zinc production in 2026, in a $290 million deal with a subsidiary of Turkish conglomerate Calik Holding.The deal, a bet on growing demand for copper from the energy transition, includes funding for the $145...

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