Chinese Mining Companies Blunder In Australia
Chinese and Australian companies clash over the development of lithium and rare earth assets.
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Chinese and Australian companies clash over the development of lithium and rare earth assets.
It had sought 19.9pc stake in Northern Minerals but Treasurer Jim Chalmers blocked the move
MELBOURNE : A China-linked fund that is a major shareholder in Australia's Northern Minerals has filed a motion to oust the rare earth developer's chairman after the fund's move for a higher stake was rejected on national interest grounds early this year.Singapore-based Yuxiao Fund, which owns a near 10 p
A China-linked fund that is a major shareholder in Australia's Northern Minerals has filed a motion to oust the rare earth developer's chairman after the fund's move for a higher stake was rejected on national interest grounds early this year.
Australian rare earths miner Northern Minerals has pushed back a shareholder meeting to allow regulators time to assess whether a Chinese national nominated to the board by top shareholder Yuxiao...