MCC receives FIRB approval for Cape Lambert iron ore acquisition

May 30, 2008

May 29 (Mineweb) – China Metallurgical Group Corporation (“MCC”) has received confirmation of no objection from the Foreign Investment Review Board (“FIRB”) in respect of its proposed acquisition of the Cape Lambert Iron Ore Project.

The Company, Officers from MCC and their representative legal advisors are currently negotiating the terms of the Sale Agreement.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: