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MMG Ltd to Acquire Khoemacau Copper Mine - Call Transcript
Thank you for standing by, and welcome to the MMG Limited Investor Webcast. (Operator Instructions)
I would now like to hand the conference over to Mr. Jarod Esam, Head of Investor Relations. Please go ahead.
Thank you for joining MMG's webcast. Presenting today are MMG Interim CEO, Liangang Li; and CFO, Ross Carroll. The slides for today's presentation are being webcast in both English and Chinese. They can also be accessed from the Investor and Media section of the MMG website. (Operator Instructions).
I'll now hand over to Liangang.
Thank you, Jarod. We are pleased to present to you today on the acquisition of the Khoemacau copper mine in BosValen. This transaction is compelling and transformational for MMG. We have entered into a binding agreement to acquire the mine for USD 1.875 billion.
Our major shareholder, (inaudible) is fully supportive of this
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