The acquisition represents a natural and strategic extension of NACG's business into the Western Australian market, strengthening its presence and providing increased exposure to critical minerals and rare earth elements. In combination with the MacKellar Group, the expanded platform positions NACG to pursue larger, complex scopes across Australia.
MinterEllison advised NACG on all Australian legal aspects of the transaction, with a team led by M&A/Capital Markets Partners Daniel Scotti and Nicole Sloggett. Fasken Martineau DuMoulin LLP acted as Canadian legal advisor.
Daniel Scotti said: "We're delighted to have advised NACG on this strategically significant acquisition. IMC represents an excellent platform for NACG to accelerate its growth in Western Australia and broaden its exposure to critical minerals and rare earth elements. We look forward to seeing the opportunities this partnership will unlock."