Sandfire Resources Ltd To Acquire MATSA Mining Complex in Spain Transcript
Thank you for standing by, and welcome to the Sandfire Resources Limited Investor and Analyst Briefing. (Operator Instructions) I would now like to hand the conference over to Mr. Karl Simich, MD and CEO. Please go ahead.
Hello, everyone, and thank you for joining us today at such short notice on what is clearly a momentous and historic day for Sandfire, for our employees, contractors and for our shareholders, and for all of our other key stakeholders, partners and associates who followed up on our journey so far. Today, Sandfire is announcing the transformational USD 1.865 billion acquisition of the MATSA Mining Complex in Spain.
This is without -- the most important announcement for Sandfire that we have made since our discovery of the DeGrussa deposit over a decade ago. So I suspect it may be one of the most significant transactions to be announced in the mid-tier mining sector in Australia in base metals in recent times. This is without question a company-defining
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