Sulliden Acquires 48% Stake in Polish Mining Project
Deal News | Jun 26, 2025 | Globenewswire
Sulliden Mining Capital Inc. has announced the acquisition of a 48% interest in a nickel, zinc, and lead mining exploration project in Poland, purchasing shares from Ferrite Resources Pty Ltd. The project includes the Szklary and Dabrowka concessions. Szklary, a nickel laterite deposit located near Wroclaw, and Dabrowka, located near Katowice, represent significant mining opportunities due to existing shafts and prospective exploration at depth. The acquisitions are part of Sulliden's strategy to enhance its portfolio with brownfield and early-stage mining projects in Europe. Additionally, a previously planned transaction for acquiring a smaller interest in the same project has been canceled. This acquisition aligns with Sulliden’s focus on expanding its mining interests in new geographical regions.
Sectors
- Mining and Metals
- Natural Resources
Geography
- Poland – The mining project and its concessions are located in Poland, making it a central focus of the article.
- Canada – Sulliden Mining Capital Inc., the acquiring company, is based in Toronto, Canada, marking it a significant geography related to the article.
Industry
- Mining and Metals – The article focuses on a mining project involving nickel, zinc, and lead, which are critical components of the mining and metals industry.
- Natural Resources – The acquisition involves exploration for natural resources in Poland, thereby impacting the natural resources industry.
Financials
- 62,500 euro – The amount paid by Sulliden to acquire the 48% stake.
Participants
Name | Role | Type | Description |
---|---|---|---|
Sulliden Mining Capital Inc. | Acquirer | Company | A mining company focused on acquiring and advancing mining projects worldwide. |
Ferrite Resources Pty Ltd. | Vendor | Company | The Australian private company selling the shares of the Polish mining project. |
Ferrite Resources Polska sp. z o.o. | Target | Company | The company in Poland whose shares were acquired by Sulliden. It owns the mining project. |