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Atlas bid for FerrAus inches closer

PILBARA iron ore miner Atlas Iron is on the cusp of assuming control of FerrAus after its previou...

MiningNews.Net

Wah Nam will transfer its 40.9 million FerrAus shares, equivalent to 10.01% of the iron ore explorer, for 10.2 million Atlas shares. Atlas had an 83.77% interest in FerrAus before Wah Nam’s acceptance....

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