| From Mineweb.com: China's largest ferrous metals company has said it is in investment talks with Australian nickel and manganese mining companies. State-owned Sinosteel, China's largest ferrous metals trader, said it was in talks to invest in Australian firms, including miners of manganese and nickel, but did not provide any details.
The comments come just a week after Australia gave approval to Sinosteel to buy up to a 49.9 percent stake in iron ore prospector Murchison Metals Ltd. "We are talking about many projects in Australia, mostly with our partners, to invest in mines including manganese and nickel," President Huang Tianwen told reporters on the sidelines of the World Economic Forum..... Full Article: Source
|