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Western Metals sell off

ERNST & Young Transaction Advisory Service has acted as the lead advisor to the Aditya Birla group in their acquisition of its second copper mine in Australia, Queensland’s Mount Gordon copper mine, once the property of Western Metals.

Western Metals was put into receivership in July. The expected acquisition date of the mine is October 31. Meanwhile, the administrators of Bulong Nickel and Bulong Operations are still searching for a buyer for the Bulong Project.

 

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