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Larvotto strikes Hammer acquisition to build Queensland copper hub
Summary by Australian Mining
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Larvotto strikes Hammer acquisition to build Queensland copper hub
Larvotto Resources is executing an advanced critical minerals build at the Hillgrove Project. Image: Larvotto Resources.Larvotto Resources has agreed to acquire Hammer Metals in a binding scheme of arrangement, creating a larger Australian critical minerals group anchored by a district-scale copper strategy in Queensland’s Mt Isa region. Under the deal, approximately $54 million is to be raised with Hammer shareholders receiving one Larvotto sh…
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