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Macro Metals acquires Yandi South Project for $6.5M

PRIVATEJul 14, 2026

Acquiring Company

Macro Metals

Acquired Company

Western Iron Ore

AustraliaMiningPrecious MetalsMineralMiningMineral

Description

Macro Metals has successfully acquired 100% of the Yandi South Iron Ore Project for $6.5 million from Western Iron Ore. This acquisition allows Macro Metals to expand its iron ore footprint in the Pilbara region. The project adds significant historical resources to the company's portfolio. Initial tests indicate a recovery of high-grade magnetite concentrate of up to 69% iron.

Company Information

Company

Macro Metals

Location

Australia

About

Macro Metals focuses on iron ore and manganese exploration and development. The company aims to expand its asset base through strategic acquisitions. It operates primarily in Western Australia, specifically in mineral-rich regions. Macro Metals is listed on the Australian Securities Exchange (ASX).

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Frequently asked

Who acquired Western Iron Ore?

Western Iron Ore was acquired by Macro Metals, based in Australia. The deal was reported on July 14, 2026. Macro Metals focuses on iron ore and manganese exploration and development. The company aims to expand its asset base through strategic acquisitions. Macro Metals is privately held and operates in Mining.

When did Macro Metals acquire Western Iron Ore?

Macro Metals's acquisition of Western Iron Ore was reported on July 14, 2026. Macro Metals has successfully acquired 100% of the Yandi South Iron Ore Project for $6.5 million from Western Iron Ore. This acquisition allows Macro Metals to expand its iron ore footprint in the Pilbara region. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Western Iron Ore do?

Western Iron Ore is involved in the exploration and development of iron ore projects. The company focuses on properties in Western Australia with considerable potential. While less publicly prominent, it plays a role in the regional mining sector. It is privately held, operating in Mining.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.