### [2023-07-5](/feed/2023/07/5/index.md)

##### Wyloo Metals
# Wyloo Metals, a privately held battery resources unit in Australia, has committed itself to an acquisition of mining company Mincor Resources, (MCR.AX), its CEO said. 

Wyloo Metals, the privately held battery resources unit of Australia iron ore baron Andrew Forrest, sees room to grow in nickel as it closes out its A$750.3 million ($501.4 million) buyout of miner Mincor Resources , its CEO said.


### Sources:

1. [Reuters](https://www.reuters.com/markets/commodities/andrew-forrests-wyloo-looks-more-nickel-deals-it-seals-mincor-buy-2023-07-05/) [Image](https://www.reuters.com/resizer/bddye27TBEiczCtImwv6XwwzRzY=/1200x628/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/WXKMUZRQMNNWVI264NBOBFJV3U.jpg)