Australia's Aurelia Metals in talks to buy Glencore's CSA copper mine

Credit: REUTERS/Arnd Wiegmann

Australian miner Aurelia Metals Ltd said on Friday it was in talks about a possible acquisition of the CSA copper mine in New South Wales state, owned by global trader Glencore.

April 26 (Reuters) - Australian miner Aurelia Metals Ltd AMI.AX said on Friday it was in talks about a possible acquisition of the CSA copper mine in New South Wales state, owned by global trader Glencore GLEN.L.

"The company's high-level assessment is that CSA mine could potentially be a strategic fit for AMI," Aurelia said in a statement.

Fellow Australian copper producer Aeris Resources Ltd AIS.AX said earlier this month it was unable to reach an agreement with Glencore on its $575 million offer to buy the CSA copper mine.

(Reporting by Rashmi Ashok in Bengaluru; editing by Richard Pullin)

((Rashmi.Ashok@thomsonreuters.com; +918067491689; Reuters Messaging: rashmi.ashok.thomsonreuters.com@reuters.net))

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