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Indonesian group to buy Hillside copper project in Australia for $265 million

Henry Lazenby - The Northern Miner | July 08, 2024 | 12:42 pm Markets Asia Australia Copper 

Rex Minerals (ASX: RXM), which holds Australia’s largest permitted and shovel-ready copper project, is being bought out by Indonesia-based MACH Metals Australia for A$393 million ($265 million). Rex shares closed 56% higher at A$0.43 apiece in Sydney Monday on the...

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