# Atlas Metals Group proposes acquisition of Universal Pozzolanic Silica Alumina

Atlas Metals Group signed a non-binding Letter of Intent to acquire Universal Pozzolanic Silica Alumina Ltd (UPSA), which has commercialization rights to a pozzolanic silica alumina reserve in Australia with 250 million tonnes and extraction rights for 99 years.

- Type: Acquisition
- Announced: 2025-06-17
- Where: Australia
- Status: announced
- Capacity: 250 million tonnes
- Products: pozzolanic silica alumina (supplementary cementitious material)
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Atlas Metals Group](https://endata.com/companies/85393.md) (acquirer)
- [Universal Pozzolanic Silica Alumina](https://endata.com/companies/85394.md) (target)

## Sources

- [markets.ft.com](https://markets.ft.com/data/announce/detail?dockey=1323-17088900-2CH6BJHSLA55FSTF8LG3RGH3CK), 2025-06-17: "The board of directors of Atlas is now pleased to report that discussions with the shareholders of one such target, Universal Pozzolanic Silica Alumina Ltd, have progressed to the stage where Atlas signed on 16 June 2025 a non-binding Letter of Intent to acquire the entire issued share capital of UP"

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