CAPITAL MARKETS

Hunan makes a bid for Abra

HUNAN Nonferrous Corporation, China’s biggest zinc producer, has made good its promise to look beyond China for resource investments with the company today launching a proportional takeover play for Perth-based junior Abra Mining.

Kate Haycock
Hunan makes a bid for Abra

The move comes at a time when Chinese foreign investment, especially in resources, is increasing. In April Hunan flagged plans to look abroad for new investments to boost its mineral resources, and...

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