Acquiring Company
Metals X
Acquired Company
GreenTech
Perth
CoimbatoreMiningMineralEnergyRenewable EnergyDescription
Metals X is set to acquire GreenTech, which controls a 41% economic interest in a highly profitable tin mine. This acquisition aims to capture additional cash flow from Renison Bell, where the expected free cash flow is around $400 million for 2026. Metals X, with no corporate debt and significant cash reserves, seeks to strengthen its position in the tin market amid rising prices. The acquisition reflects a strategic move to enhance operational capacity and financial returns.
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Based on deal dataFrequently asked
Who acquired GreenTech?
GreenTech was acquired by Metals X, based in Perth. The deal was reported on September 20, 2026. Metals X is an Australian mining company that focuses on the exploration, development, and production of metals. Metals X is privately held and operates in Mining.
When did Metals X acquire GreenTech?
Metals X's acquisition of GreenTech was reported on September 20, 2026. Metals X is set to acquire GreenTech, which controls a 41% economic interest in a highly profitable tin mine. This acquisition aims to capture additional cash flow from Renison Bell, where the expected free cash flow is around $400 million for 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does GreenTech do?
GreenTech is a Coimbatore-based wind turbine operations and maintenance company. It manages turbines with a combined capacity of about 500 MW and plans to expand its portfolio internationally. It is publicly traded (GTIC), operating in Energy, and is based in Coimbatore.
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