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Lynas to buy 40% of Channar

LYNAS is to take a 40% stake in the Channar iron ore operation in Western Australia in a deal tha...

Greg Tubby
Lynas to buy 40% of Channar

The acquisition will deliver Lynas an economic interest in 4 million tonnes of iron ore per annum, generating it around $26 million annual operational cash flow. The final price for the purchase will...

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