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Why Equinox Is Selling Alturas to Focus on Iron Ore Growth
8:28am on Friday 19th of September, 2025 AEST
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Mining
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Why Equinox Is Selling Alturas to Focus on Iron Ore Growth
8:28am on Friday 19th of September, 2025 AEST
Key Points
Binding option agreement signed with Maxus Mining for Alturas Project divestment
Consideration includes C$300,000 cash and C$400,000 in Maxus shares
Divestment streamlines Equinox’s portfolio and boosts liquidity
Focus shifts to advancing Hamersley Iron Ore Project in Western Australia
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