国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global General

Special

Newsmaker

Asia Pacific

America

Middle East

Europe

Africa

Canberra nods Chinese investment in uranium miner

(Xinhua)
Updated: 2009-10-26 21:46

CANBERRA: The Australian government approved on Monday a Chinese mining company to take stake in unlisted uranium explorer Raisama Ltd.

Raisama said in a statement on Monday that Australia's Foreign Investment Review Board had approved Hebei Mining taking a 14.9 percent stake in Perth-based Raisama.

Related readings:  Australia's FMG misses $6b China funding deadline  Australia satisfied with military relation with China  Ex-Australia PM praises great changes in China  Australia's international education sector boosted by China and India  China, Australia hold talks on regional security

The Hebei provincial government is securing strategic interests in uranium exploration companies internationally that it believes have the best potential to meet the province's need for uranium, Raisama said.

Separately, Raisama plans to launch its initial public offer (IPO) within a fortnight.

The company hopes to raise A$12 million (US$11 million), with funds earmarked for exploration at projects in Western Australia and Kyrgyz Republic.

"The (Hebei) transaction was structured to strike the right balance between the attractiveness of new capital and avoiding excessive dilution of existing shareholders prior to our IPO," Raisama managing director David Berrie said.

Australian government last week approved Yanzhou Coal Mining Company Ltd's proposed A$3.54 billion (US$3.27 billion) acquisition of coal miner Felix Resources Ltd. The deal and the attached conditons by the government are yet endorsed by both companies' shareholders and Chinese regulators.