ASX:FMGMetals and Mining
Fortescue Approval For Alta Copper Deal Highlights Growing Copper Ambitions
Fortescue (ASX:FMG) shareholders have approved the acquisition of the remaining shares in Alta Copper.
The decision clears the way for full ownership of the copper explorer and further copper-focused activity.
The move is part of Fortescue’s broader resource development plans beyond its core iron ore business.
Fortescue is best known for its iron ore operations, but copper has become a focus area as demand for materials linked to electrification and energy infrastructure remains in the...