M&A

Myanmar Metals rekindles zinc refinery relationship

TWO months out from exercising its option over the Bawdwin polymetallic project in the emerging nation of Myanmar, and Myanmar Metals (MYL) has substantially de-risked its project by bringing in local partner East Asia Power (Mining) Company.

 Bawdwin was a major regional producer prior to WW2.

Bawdwin was a major regional producer prior to WW2.

It will join MYL's existing partner Win Myint Mo Industries, which is reducing from 100% in return for a free-carry, in each taking a 24.5% stake, leaving the Australian junior with a 51% interest.  ...

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