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Chinese sale on track: Cape Lambert

IRON ore hopeful Cape Lambert Iron Ore has scuttled media reports of a Chinese investment pull out, saying its $400 million deal with China Metallurgical Group Corporation is advancing, and the Chinese company’s foreign investment application is on track.

MiningNews.Net
Chinese sale on track: Cape Lambert

The application update follows a report in The Australian newspaper on Friday that said a string of Chinese firms had either pulled out or stalled their investment applications into Australian mining companies,...

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