CAPITAL MARKETS

Davis' X2 beefs up war chest

MICK Davis’ X2 Resources has completed its initial capital raising of $US5.6 billion as part of the creation of a new mid-tier diversified mining and metals group.

Kristie Batten
Davis' X2 beefs up war chest

The capital raising was extended to accommodate further demand and is one of the largest ever first-time raises by a private vehicle. The funds comprise $4 billion in committed capital available for...

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