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Flinders shareholders back Balla Balla deal

AFTER more than 20 years, Flinders Mines is finally on the road to production in Western Australia’s Pilbara’s iron ore province with most shareholders voted to accept the joint venture agreement with major shareholder Todd Corporation.

Haydn Black
Flinders is finally in a position to develop its Pilbara resources.

Flinders is finally in a position to develop its Pilbara resources.

Todd's 55% stake was restricted from voting at today's meeting, which was attended by around 20 shareholders and onlookers.   Around 67% of eligible shareholders voted in favour of the offer, representing...

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