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7th October 2015 ASX Limited
APPOINTMENT OF MOELIS AS FINANCIAL ADVISOR
In continuation of earlier announcements in respect to the strategic review currently being undertaken by the Company, Aditya Birla Minerals Limited (the 'Company' or 'ABML'), is pleased to announce that it has engaged Moelis Australia Advisory Pty Limited ('Moelis') to act as its exclusive financial advisor to assist with the strategic review with specific focus on maximising value for shareholders. As part of this review all strategic options will be considered, including a sale of ABML.
Moelis' appointment follows the recent signing of a binding agreement for the sale of Birla Mt Gordon Pty td ('BMG'), through a sale to Lighthouse Minerals Holdings Pty Ltd of 100% of the shares in BMG, a wholly-‐owned subsidiary of the Company.
About Aditya Birla Minerals Limited
Aditya Birla Minerals Limited is an ASX-‐listed mining company with a focus on copper production and exploration. The company is based in Perth, Western Australia, and has current operations at the Birla Nifty Copper Operation in the Great Sandy Desert. Aditya Birla Minerals Limited is part of the Aditya Birla Group and is 51% owned by Hindalco Industries Ltd. Concentrates produced at the Nifty copper mine are shipped to the Hindalco Industries Ltd-‐owned copper smelter in India.
For further information please contact:
Aditya Birla Minerals Limited Neel Patnaik - Managing Director Shanti Dugar - Chief Financial Officer Peter Torre - Company Secretary Telephone +61 8 9366 8800
Facsimile: +61 8 9366 8805
Email: [email protected]
Aditya Birla Minerals Limited
ABN: 37 103 515 037
PO Box 3074, East Perth, WA 6892
Level 3, Septimus Roe Square, 256 Adelaide Terrace, Perth WA 6000 Telephone: +61 8 9366-8800 Fax: +61 8 9366-8805