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Shenghe increases Peak offer premium

Chinese firm’s best and final bid for control of Tanzanian REE project

Haydn Black
Shenghe increases Peak offer premium

Credits: iStock

China's Shenghe Resources has upgraded its all-cash offer for control of Peak Rare Earths, valuing the ASX-listed explorer at a minimum of A$195 million, a $37 million increase on the previous offer from...

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