Chinese Mining Giant will acquire OZ Minerals for $1.2 bln

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Thu, Apr 23, 2009
Zinc Company News
Post by Melissa Pistilli, Zinc Senior Reporter

Australia declared that it has allowed China & aposs state-owned Minmetals to acquire debt-laden OZ Minerals, the country & aposs third largest mining company for USD 1.21 billion after the Chinese mining giant submitted a revised bid that excluded a mine in a sensitive military area.

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