https://newsletter.en.creamermedia.com
Business|Copper
Business|Copper
business|copper

Capstone Copper's investor launches $454m block trade, term sheet shows

9th October 2025

By: Reuters

  

Font size: - +

Hadrian Capital Partners is selling down an A$688 million ($454.1 million) dollar stake in dual-listed Capstone Copper on Thursday, according to a term sheet seen by Reuters.

The investor is selling 50-million ASX Chess Depository Interests (CDI) in the company at A$13.75 each, the term sheet said.

The price is a 6.7% discount to Capstone's Australian closing price of A$14.74 on Thursday.

Citigroup and Macquarie Capital are handling the trade, according to the term sheet.

Capstone Copper did not immediately respond to a request for comment from Reuters. Hadrian Capital Partners could not be reached outside US business hours.

The share sale represents 6.6% of Capstone Copper's total shares on issue, the term sheet said, and Hadrian Capital Partners will retain a 6.7% stake in the business.

Hadrian Capital Partners does not intend to sell further Capstone Copper shares in the near future, the term sheet said.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Showroom

Columbus Stainless
Columbus Stainless

Columbus Stainless, based in Middelburg, Mpumalanga, is Africa’s only producer of stainless steel flat products. In addition, Columbus is the only...

VISIT SHOWROOM 
Bell Equipment
Bell Equipment

As one of South Africa's leading manufacturers, Bell Equipment distributes and exports its wide range of heavy equipment globally to mining,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

An image showing the Africa Trade Engine launch
Pioneering Africa Trade Engine launched to actualise AfCFTA
14th November 2025 By: Tasneem Bulbulia

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.582 0.698s - 184pq - 2rq
Subscribe Now