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NAM’s $66.5M Tri-Coastal Buy Boosts Houston Scrap Market Muscle
8:32am on Tuesday 10th of February, 2026 AEDT
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NAM’s $66.5M Tri-Coastal Buy Boosts Houston Scrap Market Muscle
8:32am on Tuesday 10th of February, 2026 AEDT
Key Points
US$66.5 million acquisition of Tri-Coastal consolidates Houston operations
Expected US$25 million EBITDA contribution with 20% return on invested capital
Unlocks over US$100 million in land sales within 1–2 years
Long-term 18-year operations contract with extension options
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