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FerrAus investment wins FIRB approval

CHINA Railway Materials Corporation's 12% buy-up of iron ore hopeful FerrAus has been given the a...

MiningNews.Net
FerrAus investment wins FIRB approval

In September, FerrAus announced that CRM would take a 12% stake, or around 22.9 million shares, in the company. Based on yesterday's closing price of 73.5c, this values the investment at around $16.8 million....

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