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UK's Atlas Metals to buy Universal Pozzolanic Silica Alumina for $1.35 billion

Sept 10 (Reuters) - British mining firm Atlas Metals Group AMGA.L on Wednesday said it has entered an agreement to acquire Universal Pozzolanic Silica Alumina Ltd (UPSA) for 1 billion pounds ($1.35 billion).

UPSA has commercialisation rights to a large reserve in Australia of pozzolanic silica alumina (PSA), a core constituent of "green concrete", which is used in construction.

($1 = 0.7392 pounds)

 (Reporting by Simone Lobo in Bengaluru; Editing by Rashmi Aich)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))

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