Minmetals fails to cross the OZ hurdle
By Jiang Wei | China Daily | Updated: 2009-03-28 08:11
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A worker standing atop a concentrator at the OZ Minerals mine in Queensland. Bloomberg News |
The Australian government on Friday rejected State-owned Minmetals' planned $1.7 billion takeover of OZ Minerals as a copper-gold mine of the Australian miner is close to a weapon-testing site.
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