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Aquila investors sweat on FIRB

COAL producer and iron ore hopeful Aquila Resources has gone into a trading halt ahead of an Australian government decision over its planned investment deal with China’s Baosteel.

Kate Haycock
Aquila investors sweat on FIRB

Baosteel will invest $A285.6 million in Aquila to help fast-track its iron ore, coal and manganese projects. The deal is subject to Foreign Investment Review Board approval with an announcement expected...

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