Wodgina three way partnership venture. Credit score: Mineral Sources
Australian diversified miner Mineral Sources is extremely unlikely to tackle additional buyouts within the subsequent 12 months given its present holdings and low costs, managing director Chris Ellison stated on Thursday.
“Look, it’s extremely unlikely that we’d be any acquisitions of any variety over the subsequent 12 months. We’re principally in tremendous conservative mode, and we’re simply managing the enterprise … the present atmosphere is that we’re down on commodity costs.”