Competition Tribunal approves Raubex’s buyout of Bauba Resources

28th January 2022 By: Donna Slater - Creamer Media Contributing Editor and Photographer

The Competition Tribunal has unconditionally approved a merger between infrastructure development and construction materials supply company Raubex and mining and exploration company Bauba Resources.

Post-merger, Raubex will attain sole control over Bauba.

This follows Raubex Group, through its subsidiary Raubex, in November 2021 expressing intent to acquire all the issued share capital in Bauba.

Bauba has a primary focus on mining chrome ore and exploring for platinum group metals.