News
28 October 2020

Pilbara Minerals reveals plan to buy Altura for $175m

In:
Metals and Mining
Region:
Asia-Pacific

Australian lithium producer Pilbara Minerals has signed a conditional agreement with a group of lenders to buy embattled rival Altura Mining for about $175 million. The West Perth-based miner would pay $155 million upfront and in cash. It would also pay about $20 million for the shares in...

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