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Larvotto declines to match Austral’s Hammer Metals offer
9:08am on Monday 10th of August, 2026 AEST
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Mining
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Larvotto declines to match Austral’s Hammer Metals offer
9:08am on Monday 10th of August, 2026 AEST
Key Points
Larvotto declines to counter Austral’s superior Hammer bid
Focus remains on Hillgrove Mine commissioning and production ramp-up
Break fee and loan repayment due if Hammer accepts Austral’s proposal
Planned Glencore share placement linked to Hammer deal now unlikely
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