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Ansteel strengthens grip on Karara

CHINESE miner Ansteel has taken a majority stake and an increased leadership presence in its Kara...

Justin Niessner
Ansteel strengthens grip on Karara

The steelmaker and iron ore miner exercised its right to convert two $A60 million loans into 13.9 million Karara shares at an issue price of $4.31 each, increasing its interest in the JV from 50% to 52.2%,...

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