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  6. Fortescue Acquires Alta Copper

M&A Deal Summary

Fortescue Acquires Alta Copper

On December 14, 2025, Fortescue acquired metals/mining company Alta Copper for 139M CAD

Acquisition Highlights
  • This is Fortescue’s 1st transaction in the Metals/Mining sector.
  • This is Fortescue’s largest (disclosed) transaction.
  • This is Fortescue’s 1st transaction in Canada.
  • This is Fortescue’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2025-12-14
Target Alta Copper
Sector Metals/Mining
Buyer(s) Fortescue
Deal Type Add-on Acquisition
Deal Value 139M CAD
Advisor(s) Gowling WLG (Legal)

Target

Alta Copper

Vancouver, British Columbia, Canada
Alta Copper is focused on the development of its 100% owned Cañariaco advanced staged copper project. Cañariaco comprises 91 square kilometers of highly prospective land located 102 kilometers northeast of the City of Chiclayo, Peru, which includes the Cañariaco Norte deposit, Cañariaco Sur deposit and Quebrada Verde prospect, all within a 4km NE-SW trend in northern Peru’s prolific mining district. Alta Copper was founded in 1997 and is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

Fortescue

East Perth, Australia
Category Company
Founded 1983
Sector Metals/Mining
Employees16,000
Revenue 15.4B USD (2025)
DESCRIPTION

Fortescue is an iron ore producer, involved in exploration, development, production, processing, sale, and transport of iron ore. Fortescue was founded in 1983 and is based in East Perth, Australia.

DEAL STATS #
Overall 2 of 2
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-24 Williams Advanced Engineering

Oxfordshire, United Kingdom

Williams Advanced Engineering is an engineering technology and consulting business to motorsport, high performance automotive, defense, mining and other sectors. Williams Advanced Engineering provides world-class technical innovation, engineering, testing, and manufacturing services to deliver energy-efficient performance to customers. Williams Advanced Engineering is based in Oxfordshire, United Kingdom.

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