Australian nickel miner Independence launches $216m bid to buy smaller rival

Australian nickel miner Independence launches $216m bid to buy smaller rival

Photo by Dominik Vanyi on Unsplash

Australian nickel miner Independence Group on Monday launched a hostile A$312 million ($216 million) takeover bid for smaller peer Panoramic Resources and said it had appetite for more, given demand for new energy metals.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter