Drill and Deal

Deals / Manara – Vale Base Metals, 10%

Copper, nickel · announced 27 July 2023 · completed

Manara – Vale Base Metals, 10%

A Saudi vehicle secures access to transition metals without taking control.

Acquirer
Manara
Target
Vale Base Metals, 10%
Announced
Metal
Copper, nickel
Announced value
about $3.4bn
Structure
Minority stake
Status
Completed
Main asset
Sudbury · See it on the globe