Australia’s booming mining industry continues to create work for the global firms that have headed Down Under in droves in recent years.

Case in point: Allens Linklaters—the product of a combination between Australian firm Allens Arthur Robinson and the Magic Circle mainstay that went live in April—is currently advising Sydney-based mining and steel company Arrium in connection with its efforts to repel a hostile takeover.

On Monday, Arrium rejected a $1.1 billion bid from a consortium that includes commodities trader Noble Group and South Korean steel company Posco, saying the offer undervalues the company. Noble Group released a statement later that day indicating that its offer is subject to change based on potential negotiations with the Arrium board.

Arrium, meanwhile, said Thursday that it plans to increase the amount of iron ore it exports annually by 1 million tons to 12 million total as of next summer. In the wake of the announcement—and a month after the company’s stock price had dipped as low as $0.51 per share—Arrium’s stock price rose to nearly $0.77 per share, matching the price reflected in the unsolicited offer, according to The Australian.

Sydney-based Allens Linklaters M&A partners Guy Alexander and Vijay Cugati are advising Arrium on the takeover defense.

Australian firm Gilbert + Tobin is advising the bidding consortium.

As U.K. publication Legal Week reported last year, Australia’s booming mining sector is one of the industries whose success has inspired a host of global firms to establish footprints on the continent through mergers and alliances with local firms. The combination of 2,000-plus lawyer Linklaters with 800-attorney AAR is one result of that trend. Another, the tie-up between London-based Herbert Smith and Aussie outfit Freehills that created 2,000-lawyer Herbert Smith Freehills—went live this week.