Chinese pull out of Ranobe

SHARES in World Titanium Resources fell today after Sichuan Lomon Titanium withdrew from a proposed $US200 million ($A220.4 million) joint venture over the Ranobe project in Madagascar.

Chinese pull out of Ranobe Chinese pull out of Ranobe Chinese pull out of Ranobe Chinese pull out of Ranobe Chinese pull out of Ranobe

WTR said Lomon’s decision came in light of a recent $A3.25 million raising by the company and a change of CEO from Bruce Griffin to Wayne Malouf.

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