M&A

MinRes makes McIntosh JV official

A DAY after its first cargo of iron ore chugged from the recently-acquired and restarted Koolyanobbing mine in Western Australia's Yilgarn, Mineral Resources has also formalised terms of its investment in Hexagon Resources' McIntosh graphite project in the state's north, several months later than expected.

Hexagon is keen to get into the graphite market.

Hexagon is keen to get into the graphite market.

First flagged in March, the final agreement essentially reflects the original heads of agreement with plans to step through a number of stages to derisk McIntosh and potentially get the operation into...

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