BMR calls in administrators

PLANS to put together a major South Korean graphite concern by merging the assets of tiddler Peninsula Mines and private Australian concern Battery Minerals Resources are on shaky ground after BMR called in the administrators.

BMR calls in administrators BMR calls in administrators BMR calls in administrators BMR calls in administrators BMR calls in administrators

Another company has fallen into administration.

The cash-strapped pair has been working the deal since July, which would have seen BMR own 55% of the portfolio.