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Chinese in box seat for Alita

Administrators considering recap proposal

Kristie Batten
Alita's Bald Hill mine was suspended in early September

Alita's Bald Hill mine was suspended in early September

Administrator KordaMentha said one of the proposals would deliver a "markedly superior" outcome to creditors than the other. Alita and its subsidiaries have entered into a binding A$70 million loan...

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