murchison metals

Sinosteel's bold play for Midwest is paying off

Sinosteel increases its ownership in the Australian iron ore company to 33.8%, as a fall in the local share market makes a competing takeover bid from Murchison less attractive.
June 05, 2008

Sinosteel's bid for Midwest turns hostile

ChinaÆs Sinosteel takes its $1.12 billion offer for the Australian mining company direct to shareholders in a deal that reflects China's hunger to secure raw materials.
March 16, 2008