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Stocks•3 June 2026•

2 min read

M2i Global Copper Supply Agreement Valuation Surges to $1.172 Billion

Key Facts

1M2i Global announced that the 88,000 tons of copper sourced from Australia is now valued at $1.172 billion.

2The new valuation is based on a copper price of $13,320 per ton, a 24% increase since the July 2024 disclosure.

3M2i is under a definitive agreement to merge with Volato Group, Inc., which trades under the ticker SOAR.

In a move reflecting the current boom in strategic metal markets, M2i Global announced that the valuation of its 88,000 tons of contracted Australian copper has risen to $1.172 billion. This updated valuation is based on a copper price of $13,320 per ton, representing a 24% increase compared to the initial disclosure in July 2024. These developments come as the company operates under a definitive merger agreement with Volato Group, Inc., which trades on the NYSE under the ticker SOAR.

This valuation surge aligns with the robust performance of the mining sector, where global copper prices have gained significant momentum due to rising demand for clean energy technologies. Per market data, copper is currently trading at historically high levels, bolstering the balance sheets of firms with large mining assets like Freeport-McMoRan (FCX), which reported a 17% revenue growth in its latest quarter according to search-verified earnings reports. This asset appreciation directly enhances the projected book value for the future merged entity.

Investors should monitor SOAR shares, representing the future merged entity, which showed mixed performance at the close of June 3, 2026. Looking ahead, markets are awaiting the U.S. Core PCE Price Index data on May 28, which could impact risk appetite across the commodities sector. The finalization of the merger with Volato Group remains the primary catalyst for the company's valuation trajectory amid ongoing metal price volatility.