BARRY FITZGERALD

Sandfire's great deal in the making

THE ever-bustling Karl Simich has fixed Sandfire's looming production gap in grandioso style with the A$2.6 billion acquisition of the MATSA copper-zinc-lead complex in Spain, writes <b>Barry FitzGerald</b>.

Barry FitzGerald
 Underground at MATSA

Underground at MATSA

It is grandioso all right, with the acquisition cost being more than twice Sandfire's pre-deal market cap for a 1.4 times uplift in copper equivalent production. On those simple metrics, it is clear...

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