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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
03 September 2026

Taean: A Korean offshore wind test case for ECAs

The embryonic Korean offshore wind market is a long way off project finance adolescence. A viable ECA-backed template for big-ticket projects is set to emerge next year – but...

Perspective
03 September 2026

Serica and Adura: A modest comeback for North Sea RBLs

Serica Energy’s oversubscribed $750 million refinancing and Adura’s $3 billion RBL show that bank liquidity is returning to the UK’s North Sea. But it is returning on terms...