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Castillo ponders Broken Hill spin-out

ASX-listed Castillo Copper is considering divestment strategies for its Broken Hill asset, including a possible spin-off and potential London or Australian listing.

“The resurgence of interest in the Broken Hill region is timely, as it provides an excellent opportunity for Castillo Copper to optimise the Broken Hill Alliance project and create value for shareholders,” said MD Simon Paull.