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MAC Copper Receives FIRB Approval for Harmony Gold Acquisition

Story Highlights
  • MAC Copper received FIRB approval for its acquisition by Harmony Gold.
  • The acquisition’s regulatory conditions are satisfied, urging shareholder votes by August 29, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MAC Copper Receives FIRB Approval for Harmony Gold Acquisition

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MAC Copper ( (MTAL) ) has issued an announcement.

MAC Copper Limited announced on August 18, 2025, that it has received approval from the Foreign Investment Review Board (FIRB) for its proposed acquisition by Harmony Gold (Australia) Pty Ltd. This approval satisfies all regulatory conditions for the acquisition, marking a significant step towards its completion. The company encourages shareholders to vote in favor of the scheme at the upcoming meetings on August 29, 2025. The acquisition is expected to impact MAC Copper’s operations and industry positioning positively.

The most recent analyst rating on (MTAL) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on MAC Copper stock, see the MTAL Stock Forecast page.

Spark’s Take on MTAL Stock

According to Spark, TipRanks’ AI Analyst, MTAL is a Outperform.

MAC Copper’s overall stock score is driven by strong technical indicators and positive earnings call highlights, reflecting operational improvements and financial health. However, the negative valuation score due to ongoing losses and lack of dividends tempers the overall score.

To see Spark’s full report on MTAL stock, click here.

More about MAC Copper

MAC Copper Limited is a company focused on operating and acquiring metals and mining businesses in high-quality, stable jurisdictions that are critical in the electrification and decarbonization of the global economy.

Average Trading Volume: 757,654

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1B

For an in-depth examination of MTAL stock, go to TipRanks’ Overview page.

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