Metals Acquisition Corp. II
MTAL-UN
New York Stock Exchange10.74
USD
+0.09
- -
CIK
0002107724
ISIN
KYG604201254
CUSIP
G60420125
Return %
Stock
S&P500
1Y
6.23
18.21
3Y
6.23
63.29
5Y
6.23
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Michael James W. McMullen
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Ugland House Camana Bay GT Cayman Islands KY1-1104
- IPO Date
- Mar 12, 2026
- CIK
- 0002107724
- Website
- metalsacqii.com
- Similar Companies
- Business
- MAC Copper Limited (NYSE: MTAL; ASX: MAC), formerly Metals Acquisition Limited, operates and acquires metals and mining businesses in stable jurisdictions critical to global electrification and decarbonization, primarily through its ownership and operation of the high-grade CSA copper mine in Cobar, New South Wales, Australia; the underground mine produces approximately 40,000 tonnes of copper annually alongside silver by-products, supported by mining leases CML5, MPL 193, MPL 1094, and surrounding exploration licenses EL5693 and EL5983 covering over 366 square kilometers; the company targets copper and other base metals essential for renewable energy infrastructure, electric vehicles, and energy transition applications, serving international smelters and markets from its Australian operations. Incorporated in 2022 and headquartered at 44 Esplanade, 3rd Floor, Saint Helier, JE4 9WG, Jersey, MAC Copper originated as a special purpose acquisition company (SPAC) focused on metals and mining targets before completing its de-SPAC merger and flagship acquisition of the CSA copper mine from Glencore PLC in June 2023 for $1.1 billion, structured with $75 million deferred payment, $150 million contingent payment, and a 1.5% life-of-mine net smelter return royalty. Recent developments include a name change from Metals Acquisition Limited to MAC Copper Limited in December 2024; advancement of growth projects such as the QTS South Upper expansion and ventilation shaft initiative to boost annual copper production by 25% to over 50,000 tonnes by 2026 with first ore from QTS South Upper targeted for Q3 2025; a $214 million ASX IPO placement to optimize the balance sheet, repay debt, and fund inorganic growth; and entry into a binding scheme implementation deed in May 2025 with Harmony Gold (Australia) Pty Ltd, a subsidiary of Harmony Gold Mining Company Limited (JSE: HAR; NYSE: HMY), for a $1.03-1.08 billion acquisition of 100% of MAC Copper's issued share capital via Jersey scheme of arrangement, which received shareholder approval, South African Reserve Bank clearance, and Royal Court of Jersey sanction on October 9, 2025, leading to trading suspension on October 10, 2025, and delisting from NYSE and ASX by early November 2025, positioning Harmony to diversify into copper through integration of the CSA asset alongside its Eva Copper project.