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Independence Group to sell Stockman project for A$47m

Diversified miner Independence Group will divest of its Stockman copper-zinc project, in Victoria, to CopperChem for A$47.2-million.

The company on Wednesday said the sale of the Stockman project was consistent with its strategy of focusing on high-quality assets of scale, longevity and geographical focus, where Independence could leverage its operational expertise and discipline to unlock growth opportunities.