日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Economy

Markets

Industries

Insights

Reports

Events

Angang Steel raises stake in Australian ore producer

By Tong Hao (chinadaily.com.cn)
Updated: 2009-02-10 16:53

Angang Steel Co, China's third largest steelmaker by output, said it has acquired additional shares in Gindalbie Metals for 740 million yuan ($108.35 million), boosting its holding in the Australian iron ore producer to 36.28 percent.

The Chinese company bought a 12.94 percent stake in Gindalbie for 251 million yuan in June 2007. The latest purchase has made Angang the largest single shareholder in Gindalbie.

Since April 2006, the two companies have jointly developed an iron ore project in Karara in western Australia, which is the major source of ore for Angang.