EL7.AI
Mergers & AcquisitionsMedium•3 November 2026•
1 min read

Blue Moon Metals Sells Norway Assets to ACG Metals for $220 Million

Key Facts

1Blue Moon Metals entered a definitive agreement to sell 100% of Blue Moon Norway to London-listed ACG Metals.
2The transaction is valued at US$220 million in equity consideration and includes the construction-stage Nussir copper mine.

Blue Moon Metals entered a definitive agreement to sell 100% of Blue Moon Norway to London-listed ACG Metals. PR Newswire reported that the transaction is valued at US$220 million in equity consideration and includes the construction-stage Nussir copper mine.

BMM closed at $3.85 on November 2, 2026, as the company moves to focus its resources on its critical metals assets located in the United States. The sale provides Blue Moon Metals with an equity stake in ACG Metals in exchange for its Norwegian subsidiary.

An interest rate decision in Norway is scheduled for November 5, 2026, which may impact the economic environment for regional operations and assets.

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