CoreX completed the acquisition of Cerro Matoso from South32 for $100m.

CoreX, a vertically integrated, global industrial conglomerate, completed the acquisition of Cerro Matoso, an industrial operation, from South32, a mining and metals company, for $100m. “The Transaction is consistent with our strategy and will further streamline our portfolio toward higher margin businesses in minerals and metals critical to the world’s energy transition,” Graham Kerr, South32 Chief Executive Officer.