International Resources Holding Enters into Agreement to Acquire Majority Interest in Alphamin Resources Corp. from Tremont Master Holdings
- International Resources Holding agreed on June 3, 2025, in Abu Dhabi to acquire a 56% majority stake in Alphamin Resources from Tremont Master Holdings.
- IRH's acquisition follows its strategic move to expand in African mining and results from a definitive agreement with Tremont, which retains a 0.8% stake.
- IRH will acquire approximately 719 million Alphamin common shares at C$0.70 per share, totaling about C$503 million , subject to regulatory approval and adjustments.
- Alphamin owns a major tin mining operation located in eastern Congo, which produces roughly 6% of the world’s annual tin supply—a key metal essential for electronics and renewable energy technologies.
- The acquisition strengthens IRH's global industrial metals position and offers long-term growth potential despite regional security risks and recent temporary halts in Bisie mining.
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ALPHAMIN ADVISED OF AGREEMENT BY MAJOR SHAREHOLDER FOR SALE OF MAJORITY INTEREST IN THE COMPANY
GRAND BAIE, MAURITIUS, June 04, 2025 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (the “Company”) announced today that it has been advised by its 57% majority shareholder, Tremont Master Holdings (“TMH”), that Tremont has entered into a definitive…


International Resources Holding Enters into Agreement to Acquire Majority Interest in Alphamin Resources Corp. from Tremont Master Holdings
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IRH to buy Tremont's majority interest in Alphamin Resources
International Resources Holding (IRH) has agreed to acquire a majority interest in Alphamin Resources, a significant move that will bolster its position in the global industrial metals sector.The post IRH to buy Tremont’s majority interest in Alphamin Resources appeared first on Mining Technology.
UAE's IRH to buy stake in Congo tin miner Alphamin
International Resources Holding (IRH) said on Wednesday it will acquire a controlling stake in major tin producer Alphamin Resources for C$503 million ($367 million), a significant expansion into critical minerals for the Abu Dhabi-based mining company. IRH will purchase approximately 719 million shares, representing a 56 percent stake from Tremont Master Holdings at C$0.70 per share, according to a joint statement. “Alphamin’s strong production…
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