Search Results
West Australian EPA Refuses Permit Sinosteel To Expands Iron Ore Mine
Sinosteel completed its acquisition of Midwest Corp late last year – the first hostile takeover of an Australian iron ore mining company by a Chinese corporation. Since that time, the Rudd Government has capped Chinese ownership of iron ore miners as it seeks to address concerns about China’s influence on the key export sector.
Chinalco Interest To Expand Mining Exploration Make More Mining Investment
Chinese Government-owned Chinalco plans to make more Australian mining investments if and when its proposed $US19.5 billion ($A31 billion) cash injection into Rio Tinto succeeds.
China Mining Investment and Development in Australia May Hold
Australia’s Senate may hold an inquiry as early as next week to scrutinize investments by Chinese state-owned companies after Aluminum Corp. of China’s bid for a stake in Rio Tinto Group.
Australian Goverment Approves Chinese State Company To Acquire 49.9% Mining Company
Australian is state has a real potential iron ore mine reserve to be done exploration. Properties of this iron ore mine makes very attractive Australian of mine company investor to do invesment in Australian.
Sinosteel previously tried to acquire 100 per cent of the large iron ore producer but that application was withdrawn.
Mining Finance and Market Stock : Reported Shares of BHP Billiton New Record High
Shares of BHP Billiton surged to a record high on Wednesday, fuelled by speculation that a state-controlled Chinese firm was building a stake in the world’s biggest mining company.
Much of the speculation centred on giant Chinese aluminium maker Chinalco, already the largest shareholder in Rio Tinto which BHP is seeking to acquire in a hostile, [...]
