AnSteel gets Gindalbie approval
By Jiang Wei | China Daily | Updated: 2009-06-24 08:08
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Magnetite diamond drilling cores are inspected in this undated Gindalbie Metals Ltd photo. China's AnSteel is planning to increase its stake in the Australian mining company through a share placement. Bloomberg News |
Anshan Iron & Steel Group (AnSteel), a leading Chinese steelmaker, has got the final go-ahead from the Chinese government for an A$162.06 million share placement with Australian iron ore miner Gindalbie Metals Ltd.
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