The offer price of as much as A$1.20 cash per share implies a fully diluted equity value for Red Hawk of A$254 million ($160 million).
Nucor's CEO said steel demand softened throughout 2024 but noted that market conditions were starting to improve.
Reuters | January 27, 2025 | 3:33 pm
The project is subject to Quebec’s provincial environmental and social impact assessment (ESIA) processes.
The Rio Tinto-Glencore merger appears stalled and a BHP-Anglo American tie-up is indefinitely postponed, but copper mining is already top heavy.