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03 Feb
10:01

Nickel Mines targets additional Angel Nickel equity

Australia-listed Nickel Mines Limited has completed the first stage of its investment to acquire an initial 30% interest in Angel Nickel in Indonesia, which is controlled by Shanghai Decent Investment. The payment is $180 million, according to a company stock exchange filing. Kallanish meanwhile learns that Nickel Mines has reached an agreement with Shanghai Decent, the controller of Tsingshan Group, to increase its equity in Angel Nickel to 80% after fu…
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