Sentences with phrase «australian mining assets»
Chinese private equity firms will accelerate efforts to buy into Australian mining assets and companies over the next 12 months, hunting for bargains in a sector reeling from plunging commodity prices.
http://www.afr.com/ Not exact matches
Gold company Evolution Mining has finalised its purchase of La Mancha Resources» Australian assets and secured $ 100 million in financial firepower to continue its growth opportunities.
Local waste management company Tox Free Solutions has won a new contract for work at BHP Billiton's Olympic Dam mine in South Australia, along with an extension for ongoing work at Chevron's Western Australian assets, for an undisclosed sum.
Deputy Prime Minister Barnaby Joyce has given conditional backing to Rio Tinto's decision to sell two of its major Australian coal mining assets to Chinese controlled miner Yancoal which is yet to gain Foreign Investment Review Board approval.
A rush of takeovers of Australian mining resources by their Chinese shareholders is being driven by a change in political leadership and a desire to take control of strategic assets.
For all the talk of behemoth Chinese state - owned entities buying up Australian mining and farming assets, the Chinese share of the stock was less than 1 %.