Lloyds Metals secures approval for USD 55 million joint venture
pre-market1 source ↓written by the desknot a recommendation
- acquisition in Nexus
- 50% equity stake
- board meeting
- 10 Dec 2025
Lloyds Metals and Energy has received board approval for a 50% equity stake acquisition in Nexus Holdco FZCO, valued at up to USD 55 million. This strategic partnership aims to enhance its operations in the metals and mining sector. The approval was finalized during a board meeting on 10 Dec 2025.
This move may strengthen Lloyds Metals' market position and attract investor interest.
Not investment advice. For informational purposes only.