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South32 (ASX:S32) ups Mozal stake for US$250m
Latest Company News - Finance News Network
English - September 30, 2021 03:23 - 1000 KBBusiness News News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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30 Sep 2021 - South32 (ASX:S32) are set to creep up their stake in Mozal Aluminium in Mozambique by 25% to 72.1% for US$250 million. The miner will deplete their US$553 million bank balance as of August to settle the deal.