1st Dec 2025 11:27
South32 Ltd - Perth, Australia-based diversified mining company - Completes divestment of its nickel refinery in Colombia, Cerro Matoso SA, to a subsidiary of CoreX Holding BV. CoreX is a vertically integrated, global industrial conglomerate established in 2024 by Robert Yuksel Yildirim. South32 agreed to sell the refinery back in July in a transaction worth up to USD100 million, or around ZAR1.78 billion. The company has previously said the deal follows a strategic review amid structural changes in the nickel market. Read More