# Copper Mountain acquires Altona Mining for A$93 million

Copper Mountain Mining Corporation acquired Altona Mining Ltd. for approximately A$93 million, gaining access to Altona's assets including a permitted development project in Queensland, Australia.

- Type: Acquisition
- Announced: 2022-04-14
- Where: Queensland, Australia
- Value: $72.0M (93.0M AUD)
- Status: completed
- Capacity: 73,000 tonnes of copper per year
- Products: copper
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Copper Mountain Mining Corporation](https://endata.com/companies/28254.md) (acquirer)
- [Altona Mining Limited](https://endata.com/companies/28255.md) (target)

## Sources

- [fasken.com](https://www.fasken.com/en/solution/clientwork/2018/04/altona-mining-acquired-by-copper-mountain-for-approximately-a$93-million), 2022-04-14: "The combination of the two companies creates a mid-sized copper miner, with an expected annual production of about 73,000 tonnes of the metal."

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