Aditya Birla's Nifty copper mine in the Great Sandy Desert.

Metals X bids $86m for Aditya Birla

Perth company Metals X has made a surprise takeover offer for embattled copper miner Aditya Birla Minerals, in a bid which values the target at about $86 million.


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Metals X (MLX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
248thWestern Areas38%-3%
371stMetals X7%10%
444thBase Resources-2%-4%
622ndRamelius Resources-32%6%
759thBeadell Resources-60%-32%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Issued
$0 Issued
$12k Issued
Total value as at the date of the transaction
Source: Morningstar


17th↓Metals X$279.8m
18th↑Western Areas$250.5m
19th↑Beadell Resources$250.3m
21st↑Base Resources$215.5m
22nd↑Ramelius Resources$199.1m
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Metals X

163rdWarren Hallam$614k
302ndPaul Hucker$421k
324thFiona van Maanen$393k
Ranked by total remuneration from all listed WA companies

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