Acquisition Announced
Chinalco (Xiong'an) Mining acquisition of Opuwo Cobalt Holdings (Proprietary)
US$15m consideration
Announced 30 Jun 2026
Advisers
Opuwo Cobalt Holdings (Proprietary)
Target
- Financial adviser
- Legal adviser
Chinalco (Xiong'an) Mining Corporation
Acquirer
Not disclosed
- Target
- Opuwo Cobalt Holdings (Proprietary)
- Acquirer
- Chinalco (Xiong'an) Mining Corporation (Aluminum Corporation of China)
- Seller
- Celsius Resources
- Structure
- Private sale
- Stake
- 95%
- Sector
- Lithium and battery metals
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Sources
- 30 Jun 2026 Chinalco Mining to acquire Opuwo from Celsius for US$15m ASX