Australia-based metal mining company Fortescue has announced a binding agreement to purchase the remaining 64% of Alta Copper’s issued and outstanding common shares not already owned by the operator. The offer reflects a 50% premium to Alta Copper’s 30-day volume-weighted average price (VWAP) and values the company’s equity at C$139m ($100.92m). The deal will be executed via a Canadian plan of arrangement, with completion targeted for the March quarter of 2026. Fortescue currently owns roughly 35.7% of ...