SYDNEY -- Indonesia's Salim family has launched a $265 million bid to take over Australian miner Rex Minerals, backing the company's planned copper mine in South Australia, as the energy transition boosts demand for the red metal.
Group's $265m offer represents hefty premium over recent share price
SYDNEY -- Indonesia's Salim family has launched a $265 million bid to take over Australian miner Rex Minerals, backing the company's planned copper mine in South Australia, as the energy transition boosts demand for the red metal.