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flag Alta Copper shareholders approved Fortescue’s acquisition of its Peruvian Cañariaco copper project, pending final court and regulatory approvals.

flag Alta Copper shareholders and optionholders approved the acquisition by Fortescue’s subsidiary Nascent Exploration on January 26, 2026, in a vote supporting a court-approved plan of arrangement. flag The deal, pending final court approval on January 30, would see Fortescue gain control of Alta’s Cañariaco copper project in Peru, one of the largest undeveloped copper deposits in the Americas. flag The transaction remains subject to regulatory and closing conditions, with risks including delays, permitting challenges, and market factors. flag The acquisition aims to strengthen Fortescue’s position in critical minerals amid rising demand for copper in clean energy and electric vehicle sectors.

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