Latest Strategic Divestments News

South32 has exceeded its FY25 production targets, driven by a 20% increase in copper output and significant progress at its Hermosa project, while streamlining its portfolio through key divestments.

Close the Loop Limited announces a strategic leadership overhaul with new CEOs appointed for North America and Australia, alongside a streamlined operational focus on three core business units.

AIMS Property Securities Fund has expanded its portfolio by acquiring a significant stake in AIMS APAC REIT at a notable discount, targeting an attractive dividend yield of over 8%.

RooLife Group has agreed to sell its Australian digital marketing subsidiary CHOOSE Digital for $356,500, marking a strategic pivot towards high-margin international product sales.

Credit Intelligence Ltd has finalised the sale of its wholly owned subsidiary for $1.5 million and is moving forward with a capital return to shareholders, marking a strategic shift towards profitability.

Buru Energy has agreed to sell its hydrogen-focused subsidiary 2H Resources and non-core Canning Basin assets to Koloma Australia for up to AUD 2 million, marking a strategic pivot towards its Rafael Gas Project.

Kingston Resources has fulfilled all regulatory conditions to complete the $95 million sale of its Misima Gold Project to Ok Tedi Mining, unlocking an immediate $50 million payment.

NT Minerals has agreed to sell its Redbank and Wollogorang copper projects to Golden Horse Minerals for $3 million in combined cash and equity, shifting its strategic focus to other critical mineral assets.

Rapid Critical Metals has agreed to sell its Tin Mountain mining claims in South Dakota to Iris Metals, receiving a mix of shares, cash, and a royalty arrangement that reshapes its asset portfolio.

Enero Group has sold its stake in OBMedia, taking a non-cash loss, while projecting EBITDA at the top of its FY25 guidance, driven by its core marketing agencies.

WIN Metals has sold its non-core nickel rights and infrastructure at Munda to Auric Mining for $1.4 million, redirecting capital to advance its Butchers Creek Gold Project in the Kimberley region.

Ridley Corporation has completed the sale of its Wasleys Feedmill in South Australia to the Baiada group for A$22 million, marking a strategic divestment announced earlier this year.