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OZ Minerals was formed on 1 July 2008 when Oxiana and Zinifex merged. [2] [3] In February 2009 a takeover offer by China Minmetals was recommenced for acceptance by Oz Mineral's board of directors. [4] The proposal was one of three high-profile moves by Chinese firms to acquire stakes in the Australian mineral sector in early 2009.
The merger took effect on 20 June 2008 with a rebrand to OZ Minerals on 18 July 2008. [6] [7] In 2023, Oxiana (Cambodia) Limited, a foreign subsidiary of Oxiana Limited that later became a part of the Oz Minerals group, was investigated by the AFP over alleged foreign bribery. [8]
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The mine was part of the sale of its assets by OZ Minerals to China Minmetals, majority-owned by the Chinese state, but was blocked by the Australian Government, which cited national security concerns since Prominent Hill was within a sensitive military area. Subsequently, the sale of the other OZ Minerals mines went ahead after Prominent Hill ...
If you want to know who really controls OZ Minerals Limited (ASX:OZL), then you'll have to look at the makeup of its... Skip to main content. 24/7 Help. For premium support please call: 800-290 ...