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Shenghe takes position in Peak for a premium

CHINA’S Shenghe Resources has agreed to take a cornerstone position in Tanzania-focused Peak Rare Earths, acquiring its stake from long-time Peak backer Appian for around A$43 million at a substantial premium.

Haydn Black
Shenghe takes position in Peak for a premium

Shenghe has long been associated with Greenland Mineral's problematic Kvanefjeld project, and more recently has been running the ruler over Australia-focused RareX.   The rare earth giant, with a market...

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