Yanzhou Coal Mining Resend Purchase Application for Australian Mining Company Felix Resources
October 17th, 2009
Yanzhou review board has been requested to resubmit a purchase offer Australian coal miner Felix Resources. Values given Yanzhou bid worth 3.5 billion Australian dollars.
Yanzhou Coal spokesman in Australia, Ian Smith, said, “We continue to work with government and respect for its processes. We are happy to send back.”
Felix review Council has received several bids from several companies of China, among others: Sinochem, Nufarm and Baosteel. Baosteel had previously made offer to purchase 15 percent of iron ore Aquila Resources.
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