Atlantic Strategic Minerals Receives Majority Equity Investment and Acquires U.S. Construction-Ready Mineral Sands Assets
Pursuant to the Appian Capital Advisory press release (“Appian announces acquisition of construction-ready U.S. mineral sands assets”), Roc Global announces it has advised Atlantic Strategic Minerals (“ASM”) on a majority equity investment from Appian Capital Advisory LLP and acquisition of U.S. construction-ready mineral sands assets from Iluka Resources (ASX: ILU). ASM acquired the Stony Creek Mineral Separation Plant, Concord Concentrator Plant, and mineral resources in Virginia and North Carolina from Iluka to complement its Millrun mineral resource. ASM’s primary focus is to restart the mine and mineral processing facilities in Virginia.
Roc Global acted as the Exclusive Financial Advisor for Atlantic Strategic Minerals.
About Roc Global
Roc Global is an investment banking firm based in New York with team members in Dallas, Atlanta, and Santiago, Chile specializing in M&A, debt and strategic equity advisory services within the Sustainable Metals and Mining and Clean Energy sectors.
For any inquiries please contact:
Matthew Ross
Director
Roc Global