Tag: AGO
Gina Rinehart winning the race for Atlas Iron with $390m takeover bid
Australia’s richest woman Gina Rinehart has taken a commanding lead in the race for junior miner Atlas Iron (ASX: AGO), launching a fresh takeover bid of 4.2c a share.
The A$390 million bid trumps ...
Gina Rinehart vs Andrew Forrest: battle of the iron ore billionaires puts Atlas in play
Billionaires Andrew “Twiggy’’ Forrest and Gina Rinehart have both emerged with strategic stakes in Atlas Iron (ASX: AGO), effectively scuppering a $300 million takeover deal by Mineral Resources (ASX:...
Atlas Iron welcomes Mineral Resources’ takeover advances
As merger and acquisition activity begins to heat up, Mineral Resources (ASX: MIN) has made a takeover play for Atlas Iron (ASX: AGO), which values Atlas at a 59% premium to its closing price on 4 Apr...
Atlas Iron continues diversification strategy by adding manganese to export mix
Atlas Iron (ASX: AGO) has continued with its diversification strategy to mitigate its exposure to iron ore’s low pricing environment by adding manganese exports to its iron ore and lithium shipping mi...
Atlas to benefit from Pilbara Minerals’ Pilgangoora lithium following export agreement with Sinosteel
Atlas Iron (ASX: AGO) has edged further into the lithium space after signing an agreement to export Pilbara Minerals’ (ASX: PLS) Pilgangoora lithium as direct shipping ore to Sinosteel Australia.
A...