Boab Metals Mulls Acquisition of Sandfire Resources' Western Australia Process Plant

MT Newswires Live
01-21

Boab Metals (ASX:BML) said it is assessing opportunities to reduce costs, including ongoing due diligence for the potential acquisition of Sandfire Resources' (ASX:SFR) DeGrussa process plant in Western Australia, according to a Tuesday Australian bourse filing.

It is also considering the feasibility of utilizing 100% grid power sourced from the Ord hydroelectric plant as a means of reducing operating costs, as it approaches a final investment decision for the Sorby Hills lead-silver-zinc project in Western Australia, the filing said.

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