RE: Immediate Measures to Increase American Mineral Production21 Mar 2025 09:57
I think the Cotec ownership of 60% of Hypromag US may make things a little more difficult in this regard. If MKA owned Hypromag and its subsidiaries outright then then listing the business would seem a lot simpler and could be done quickly. The US business has become a lot more valuable with Trump coming in and post feasibility study, so figuring out the relative ownership stakes of a repackaged Hypromag, which has 100% ownership of all the local subsidiaries (including Hypromag US), may be the hurdle. Obviously if all parties are keen on the listing then they should be able to overcome this.