Chinese Firms Meet Obstacles in Australia
April 16th, 2009
After the examination of Aluminum Corp of China’s (Chinalco’s) investment in Rio Tinto, the Australia government has decided to extend another similar examination of two more Chinese firms’ investment in the country’s miners.
According to what OZ Minerals said on Monday, the country’s Foreign Investment Review Board would extend its review of the takeover of OZ Minerals by China’s Minmetals from March 24 and the examination would last for 90 days. Read more…
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