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Article: Minmetals gets NDRC approval for purchase of OZ Minerals assets.
- Article from:
- China Business News
- Article date:
- May 18, 2009
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Minmetals gets NDRC approval for purchase of OZ Minerals assets
Shanghai. May 18. INTERFAX-CHINA - China Minmetals Corp. has received the green light from China's National Development and Reform Commission (NDRC) for its proposed acquisition of various assets from OZ Minerals Ltd., Australian Stock Exchange-listed OZ Minerals announced on May 18.
To date, the conditions to enable the proposed transaction, including approval from the NDRC and the Australian Treasurer, have been satisfied.
Further necessary Chinese regulatory approvals, including those from the Ministry of Commerce, the State Administration of Foreign Exchange and the State-owned ...