Horizon Minerals Ltd. and Poseidon Nickel Ltd. have entered into a scheme implementation deed pursuant to which they have agreed to a merger to be conducted by way of Schemes of Arrangement under the Corporations Act 2001 , whereby Horizon will acquire 100% of the fully paid ordinary shares in Poseidon and 100% of the unlisted Poseidon options under the code POSAAB, subject to the satisfaction of various conditions. In [...]
Neometals and Mineral Resources have together announced that their jointly owned subsidiary, Reed Industrial Minerals Pty Ltd has entered into a conditional Memorandum of Understanding with China's second largest lithium producer Jiangxi Ganfeng Lithium. The agreement includes Jiangxi taking 100% offtake from the Mt Marion Lithium Project, netting Neometals around $19.5M. Poseidon Nickel advised that is has commenced [...]
CIMIC Group Company Ltd (ASX:CIM) (OTCMKTS:LGTHF) has been awarded a contract by the Government of the Hong Kong Special Administrative Region to construct a boundary control point on the border between Hong Kong and China. The revenue to CIMIC will be approximately A$1.2 billion. CIMIC Group Executive Chairman and Chief Executive Officer Marcelino Fernández Verdes said: "The Boundary Control Point project is a key [...]
Sydney, Australia (ABN Newswire) - The China CleanTech Index underperformed all of its four benchmarks for the month of June 2015 and recorded a loss of 12.9%. This was driven by big losses across all Chinese stocks due to the volatile Shanghai stock exchange. Over the second quarter of 2015, the China CleanTech Index recorded a gain of 1.2%, outperforming three of its benchmark indices. The twelve month gain for the [...]
Poseidon Nickel is pleased to announce that it has agreed to acquire the Lake Johnston Nickel Project from OJSC MMC Norilsk Nickel. The acquisition of Lake Johnston would be in addition to the Black Swan acquisition announced on 7th July 2014.Lake Johnston includes the Maggie Hays underground mine and a 1.5 million tonne per annum concentrator plant. The process plant and mine were placed on care and maintenance in April [...]
13:30 AEST Oct 20, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved. Sydney, Australia (ABN Newswire) - Cockatoo Coal Limited (ASX: COK) said today that JFE Shoji Trade Corporation, a subsidiary of JFE Shoji Holdings (TYO ...
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