Metals Acquisition Limited Announces Inclusion in the S&P/ASX 300 Index
Metals Acquisition (NYSE: MTAL; ASX: MAC) has announced its inclusion in the S&P/ASX 300 Index, effective September 23, 2024. This milestone, achieved shortly after the company's ASX listing, reflects the market's recognition of MAC's foundational asset, the CSA Copper Mine. CEO Mick McMullen highlighted the importance of this inclusion for broader market access, increased global visibility, and enhanced liquidity.
The S&P/ASX 300 Index is designed to provide investors with broader exposure to the Australian equity market, covering large-cap, mid-cap, and small-cap components. MAC's inclusion is expected to potentially increase institutional ownership. The company was also recently added to the Russell 3000® Index and the Solactive Copper Miners Index in North America during 2024.
Metals Acquisition (NYSE: MTAL; ASX: MAC) ha annunciato la sua inclusione nell'S&P/ASX 300 Index, a partire dal 23 settembre 2024. Questo traguardo, raggiunto poco dopo la quotazione dell'azienda sull'ASX, riflette il riconoscimento da parte del mercato dell'asset fondamentale di MAC, la CSA Copper Mine. Il CEO Mick McMullen ha evidenziato l'importanza di questa inclusione per una maggiore accessibilità al mercato, una visibilità globale aumentata e una liquidità migliorata.
Il S&P/ASX 300 Index è progettato per offrire agli investitori un'esposizione più ampia al mercato azionario australiano, coprendo componenti a grande, media e piccola capitalizzazione. Si prevede che l'inclusione di MAC possa aumentare la proprietà istituzionale. L'azienda è stata recentemente aggiunta anche al Russell 3000® Index e al Solactive Copper Miners Index in Nord America durante il 2024.
Metals Acquisition (NYSE: MTAL; ASX: MAC) ha anunciado su inclusión en el S&P/ASX 300 Index, con efecto a partir del 23 de septiembre de 2024. Este hito, alcanzado poco después de la cotización de la empresa en ASX, refleja el reconocimiento del mercado hacia el activo fundamental de MAC, la CSA Copper Mine. El CEO Mick McMullen subrayó la importancia de esta inclusión para un mayor acceso al mercado, una mayor visibilidad global y una mejor liquidez.
El S&P/ASX 300 Index está diseñado para ofrecer a los inversores una mayor exposición al mercado de valores australiano, abarcando componentes de gran capitalización, mediana capitalización y pequeña capitalización. Se espera que la inclusión de MAC pueda aumentar la propiedad institucional. La empresa también fue recientemente añadida al Russell 3000® Index y al Solactive Copper Miners Index en América del Norte durante 2024.
Metals Acquisition (NYSE: MTAL; ASX: MAC)는 S&P/ASX 300 Index에 포함되었다고 발표했으며, 이는 2024년 9월 23일부터 효력을 발생합니다. 이 이정표는 회사의 ASX 상장 직후에 달성된 것으로, 시장이 MAC의 기본 자산인 CSA Copper Mine을 인식했음을 반영합니다. CEO Mick McMullen은 이 포함이 더 넓은 시장 접근성, 증가된 글로벌 가시성, 향상된 유동성에 얼마나 중요한지를 강조했습니다.
S&P/ASX 300 Index는 대형주, 중형주, 소형주를 포함하여 호주 주식 시장에 대한 더 넓은 노출을 제공하도록 설계되었습니다. MAC의 포함은 기관 소유권을 잠재적으로 증가시킬 것으로 예상됩니다. 회사는 2024년 북미에서 Russell 3000® Index와 Solactive Copper Miners Index에도 최근 추가되었습니다.
Metals Acquisition (NYSE: MTAL; ASX: MAC) a annoncé son inclusion dans le S&P/ASX 300 Index, à compter du 23 septembre 2024. Cet événement, atteint peu après l'inscription de l'entreprise à l'ASX, reflète la reconnaissance par le marché de l'actif fondamental de MAC, la CSA Copper Mine. Le PDG Mick McMullen a souligné l'importance de cette inclusion pour un accès élargi au marché, une visibilité mondiale accrue et une liquidité améliorée.
Le S&P/ASX 300 Index est conçu pour offrir aux investisseurs une exposition plus large au marché boursier australien, couvrant des composants de grande, moyenne et petite capitalisation. L'inclusion de MAC devrait potentiellement augmenter la propriété institutionnelle. L'entreprise a également été récemment ajoutée au Russell 3000® Index et au Solactive Copper Miners Index en Amérique du Nord durant 2024.
Metals Acquisition (NYSE: MTAL; ASX: MAC) hat seine Aufnahme in den S&P/ASX 300 Index bekannt gegeben, die am 23. September 2024 wirksam wird. Dieser Meilenstein, der kurz nach der ASX-Notierung des Unternehmens erreicht wurde, spiegelt die Anerkennung des Marktes für MACs grundlegendes Asset, die CSA Copper Mine, wider. CEO Mick McMullen hob die Bedeutung dieser Aufnahme für einen breiteren Marktzugang, eine erhöhte globale Sichtbarkeit und eine verbesserte Liquidität hervor.
Der S&P/ASX 300 Index ist so konzipiert, dass er Investoren eine breitere Exposition gegenüber dem australischen Aktienmarkt bietet und große, mittelgroße und kleinere Unternehmen umfasst. Es wird erwartet, dass die Aufnahme von MAC möglicherweise den institutionellen Besitz erhöhen könnte. Das Unternehmen wurde außerdem kürzlich in den Russell 3000® Index und den Solactive Copper Miners Index in Nordamerika im Jahr 2024 aufgenommen.
- Inclusion in the S&P/ASX 300 Index, potentially increasing institutional ownership
- Recognition of the CSA Copper Mine as a world-class asset
- Increased market visibility and liquidity
- Recent addition to the Russell 3000® Index and Solactive Copper Miners Index
- None.
ST. HELIER, Jersey--(BUSINESS WIRE)-- Metals Acquisition Limited (NYSE: MTAL; ASX:MAC)
Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC) (“MAC” or the “Company”) is pleased to announce that it will be added to the S&P Dow Jones Indices ASX 300 Index (“S&P/ASX 300”) effective Monday, September 23, 2024, prior to the open of trading on the Australian Securities Exchange (“ASX”).
Metals Acquisition Limited’s CEO, Mick McMullen, commented:
“We are pleased to have been included in the S&P/ASX 300 index so shortly after our listing on the ASX. This is a noteworthy milestone for MAC and reflects that over a short period of time we have proven to the market and investors the quality of our foundational asset the CSA Copper Mine, a world class asset that makes the Company one of the few pure play copper opportunities globally and on the ASX.
Inclusion in leading indices is invaluable to providing broader market access, raising our global visibility and enhancing the Company’s liquidity.”
The S&P/ASX 300 is designed to provide investors with broader exposure to the Australian equity market. The index is liquid and float-adjusted, and it measures up to 300 of Australia’s largest securities by float-adjusted market capitalization. The S&P/ASX 300 index covers the large-cap, mid-cap, and small-cap components of the S&P/ASX Index Series. This index is designed to address investment managers’ needs to benchmark against a broad opportunity set characterized by sufficient size and liquidity.
The Company expects that its inclusion in the S&P/ASX 300 index may result in increased institutional ownership.
Russell 3000® Index and Solactive Copper Miners Index
During 2024, MAC was included in two North American indices, the Russell 3000® Index and the Solactive Copper Miners Index.
Announcement approved for release by Joint Company Secretaries, Chris Rosario and Trevor Hart.
About Metals Acquisition Limited
Metals Acquisition Limited (NYSE:MTAL; ASX:MAC) is a company focused on operating and acquiring metals and mining businesses in high quality, stable jurisdictions that are critical in the electrification and decarbonization of the global economy.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240906207917/en/
Mick McMullen
Chief Executive Officer
Metals Acquisition Limited.
investors@metalsacqcorp.com
Morne Engelbrecht
Chief Financial Officer
Metals Acquisition Limited
Source: Metals Acquisition Limited
FAQ
When will Metals Acquisition (MTAL) be added to the S&P/ASX 300 Index?
What is the significance of MTAL's inclusion in the S&P/ASX 300 Index?
What other indices has Metals Acquisition (MTAL) been included in during 2024?
How might MTAL's inclusion in the S&P/ASX 300 Index affect its ownership structure?
