# Tawana Resources and Alliance Mineral Assets merger approved by Australian government

Tawana Resources' proposed merger with Alliance Mineral Assets, valued at $446 million, received a 'no objection' response from the Australian Treasurer, satisfying a FIRB condition. The merger will create a new company with 50-50 ownership, dual-listed on ASX and SGX.

- Type: Acquisition
- Announced: 2018-06-12
- Where: Eastern Goldfields, Western Australia, Australia
- Value: $446.0M
- Status: announced
- Products: lithium, tantalum
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Tawana Resources](https://endata.com/companies/27444.md)
- [Alliance Mineral Assets](https://endata.com/companies/27445.md) (target)

## Sources

- [australianmining.com.au](https://www.australianmining.com.au/tawana-alliance-step-closer-446m-merger/), 2018-06-12: "The merger would result in the formation of a new company comprised of roughly 50-50 ownership between Tawana and Alliance."
- [pymnts.com](https://www.pymnts.com/cpi-posts/australia-tawana-and-alliance-steps-closer-to-merger/), 2018-06-12: "The merger would result in the formation of a new company comprised of roughly 50-50 ownership between Tawana and Alliance."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.