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Blackstone Minerals Completes IDM Acquisition, Expands Southeast Asia Presence

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Blackstone Minerals Completes IDM Acquisition, Expands Southeast Asia Presence

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An announcement from Blackstone Minerals Ltd ( (AU:BSX) ) is now available.

Blackstone Minerals Limited has completed its acquisition of IDM International Limited, issuing new shares and options as part of the merger. This acquisition positions Blackstone to significantly enhance its scale and strategic value in the copper-gold sector in Southeast Asia, particularly with the addition of the Mankayan Copper-Gold Project, one of Asia’s largest undeveloped porphyry systems.

More about Blackstone Minerals Ltd

Blackstone Minerals (ASX:BSX) is a company focused on developing copper-gold and nickel-cobalt projects in Southeast Asia. The company is enhancing its strategic value with the acquisition of the Mankayan Copper-Gold Project in the Philippines and its existing Ta Khoa nickel-cobalt project in Vietnam.

Average Trading Volume: 1,427,332

Technical Sentiment Signal: Buy

Current Market Cap: A$61.71M

For detailed information about BSX stock, go to TipRanks’ Stock Analysis page.

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