London Stock Exchange welcomes ACG Metals to the Main Market

ACG Metals ("ACG" or the "Company") today opened the Markets of the London Stock Exchange to celebrate its admission to the Main Market of the London Stock Exchange (LSE).

The ceremony follows the successful $290 million acquisition of the Gediktepe copper mine in Türkiye last month which established ACG as a new high growth copper miner on the London Stock Exchange. The acquisition marked the first step in the Company’s vision to consolidate the sector through a series of roll-up acquisitions. ACG intends to become a premier supplier of copper and other critical metals to the western OEM supply chain, with best-in-class ESG and carbon footprint characteristics.

The team celebrating on the balcony at LSEG during the welcome ceremony.

Listed on the Main Market of the London Stock Exchange, ACG’s market capitalisation was approximately $110 million as of 16 September 2024. The Gediktepe Mine is currently producing approximately 35koz of Gold equivalent in Doré bars and is targeting 20,000 to 25,000 tonnes of copper equivalent per year from 2026.

ACG is advised by Stifel Nicolaus Europe Limited (capital markets), Maxit Capital (financial advisor) and Cleary Gottlieb Steen & Hamilton LLP (legal advisors).

“We are very pleased to be at the London Stock Exchange this morning to celebrate ACG’s formal (re)-admission to the LSE following the acquisition of the Gediktepe Mine last month. The transaction establishes ACG Metals as a premier copper producer on the London Stock Exchange and provides us with an excellent platform for the further consolidation of copper assets globally, as demand for the metal continues to rise.”

Artem Volynets
Chairman and CEO of ACG

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