Sandfire's great deal in the making

THE ever-bustling Karl Simich has fixed Sandfire’s looming production gap in grandioso style with the A$2.6 billion acquisition of the MATSA copper-zinc-lead complex in Spain, writes Barry FitzGerald.

Sandfire's great deal in the making Sandfire's great deal in the making Sandfire's great deal in the making Sandfire's great deal in the making Sandfire's great deal in the making

Underground at MATSA

It is grandioso all right, with the acquisition cost being more than twice Sandfire's pre-deal market cap for a 1.4 times uplift in copper equivalent production.