Welcome to our dedicated page for MAC Copper news (Ticker: MTAL), a resource for investors and traders seeking the latest updates and insights on MAC Copper stock.
This page provides an archive of news and company announcements for MAC Copper Limited, historically listed on the NYSE under the symbol MTAL and on the ASX under the symbol MAC. MAC Copper Limited described its business focus as operating and acquiring metals and mining businesses in high quality, stable jurisdictions that are critical to the electrification and decarbonization of the global economy.
The news flow for MAC Copper Limited includes detailed updates on the recommended transaction under which Harmony Gold (Australia) Pty Ltd, a wholly owned subsidiary of Harmony Gold Mining Company Limited, agreed to acquire 100% of the issued share capital in MAC by way of a Jersey law scheme of arrangement. Announcements cover court directions, dispatch of the scheme circular, shareholder meetings and voting results, regulatory approvals from authorities such as the South African Reserve Bank and Australia’s Foreign Investment Review Board, and the Royal Court of Jersey’s sanction of the scheme.
Investors can also review operational and financial updates, such as MAC Copper Limited’s June 2025 quarterly activities report. That report discusses safety performance, copper production volumes and grades at the CSA Copper Mine, cost metrics, operational free cash flow, liquidity, and progress on growth and development projects, as well as commentary from the company’s chief executive officer.
Later announcements describe the scheme becoming legally effective after lodging the Royal Court’s order with the Jersey Registrar of Companies, the suspension of trading in MAC CDIs on the ASX and MAC shares on the NYSE, and the indicative timetable for delisting and payment of scheme consideration. Together, these news items document MAC Copper Limited’s transition from a listed foreign private issuer to a wholly owned subsidiary of Harmony Gold Mining Company Limited.
Users interested in MTAL-related news can use this archive to trace the company’s corporate actions, regulatory milestones, and operational updates over time.
Metals Acquisition Corp. (NYSE: MTAL.U) announced the execution of subscription agreements totaling approximately $112 million related to the CSA Mine acquisition. The agreements involve a private placement at a purchase price of $10.00 per share, primarily backed by large global natural resource funds. In addition, management executives, including CEO Michael McMullen, committed a total of $1.8 million in further subscriptions. This financial backing is crucial as MAC completes agreements for senior facilities and loan arrangements, positioning itself favorably for the acquisition. The company continues to pursue its objective of focusing on green-economy metals and mining ventures.
Metals Acquisition Corp. (NYSE: MTAL) has amended its Sale and Purchase Agreement with Glencore for the acquisition of the CSA Copper Mine in New South Wales, Australia. The revised terms include at least US$775 million in cash, potentially increasing to US$875 million, plus up to US$100 million in common equity. Additional deferred and contingent payments can total up to US$150 million based on copper price performance. The deal is positioned as a strategic fit for MAC, aiming to establish a mid-tier base metals company.
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