CAPITAL MARKETS

Hazelwood buys into Vietnam plant

HAZELWOOD Resources has snapped up a 60% stake in Hong Kong-based Asian Tungsten Products Company which is developing a ferrotungsten downstream processing plant in Vietnam.

MiningNews.Net
Hazelwood buys into Vietnam plant

Hazelwood will pay $US825,000 ($A906,000) to acquire the majority stake and will fund 60% of the capital expenditure for the plant as well as providing working capital. The Perth-based company said...

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