Colombia mining

  • South32 agrees to sell Cerro Matoso to CoreX in nickel market restructuring

    SYDNEY: South32 Limited (ASX/LSE/JSE: S32; ADR: SOUHY) has signed a binding agreement to sell its Cerro Matoso nickel operation to a subsidiary of CoreX Holding B.V., marking a strategic shift amid structural changes in the nickel market. Under the deal, CoreX will assume economic and operational control of Cerro Matoso, including all current and…