CuDeco finally falls

CUDECO, the self-proclaimed “new force in copper”, is in receivership this morning with China Tonghai International Financial calling in FTI Consulting more than 18 months since its shares last traded.

CuDeco finally falls CuDeco finally falls CuDeco finally falls CuDeco finally falls CuDeco finally falls

Copper at Rocklands remains in the ground.

Last October, it defaulted on loan repayments to Kemala Shipping due to "short-term funding challenges", which put its Cloncurry Infrastructure subsidiary, the owner of most of CuDeco's real estate

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