Aquila confirms ‘strategic co-operation’ with Baosteel

News by BMI Editorial

Baosteel Group, China’s largest steel mill, has agreed to invest A$286M ($240M) in Perth-based Aquila Resources, giving it a 15% stake in the Australian miner.

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Business Business/Commerce Miscellaneous Finance/Financial Results Materials & Commodities Aquila Australasia and Oceania Australia Baosteel China China steel Coal Iron Ore Materials & Commodities Miscellaneous Places

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