Gulf Alumina accepts Metro’s buyout offer

By Davide Ghilotti
Published: Monday, 05 December 2016

The two companies will combine their respective bauxite reserves which are expected to exceed 95m tonnes of the ore.

Australian bauxite developer Gulf Alumina Ltd has accepted the takeover offer by ASX-listed Metro Mining Ltd, paving the way for the integration of the two companies’ bauxite reserves in the country, Metro announced on 5 December.

The latest development will lead to an unconditional and compulsory...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.