foreign investment review board

Indian steel giant Bhushan to acquire 64 percent stake in Queenslands Bowen Energy

September 13th, 2008 - 2:32 pm ICT by ANI
Brisbane, Sept.13 (ANI): Indian steel giant Bhushan is to acquire a 64 percent stake in Queenslands Bowen Energy. The Australian reported that Bhushan had paid 560,000 dollars to take its holding to ... Read more...

Posted in World |

ArcelorMittal, Posco buy stakes in Oz mining firm

June 30th, 2008 - 1:17 pm ICT by ANI
Melbourne, June 30 (ANI): Global steel giants ArcelorMittal and Posco have bought stakes in Macarthur Coal, raising the possibility of a bidding war for the Australian mining company.ArcelorMittal, the worlds largest ... Read more...

Posted in National |

Mittal’s stake in Australian firm skips mandatory review(Lead)

May 22nd, 2008 - 7:22 pm ICT by admin
Sydney, May 22 (IANS) By acquiring a 14.9 percent stake in a Queensland-based coal-mining firm, the London-based L.N. Mittal can avoid a mandatory appraisal by the country's Foreign Investment Review Board, news ... Read more...

Posted in World |

India follows China in grab for Australia’s minerals

May 22nd, 2008 - 9:35 am ICT by admin
DPA Sydney, May 22 (DPA) India has followed China in making strategic investments in Australian companies to secure long-term supplies of the minerals its factories need. The move on Macarthur Coal by giant ... Read more...

Posted in World |

China privately told to put its mine deals in Australia on hold

April 25th, 2008 - 5:08 pm ICT by admin
Melbourne, Apr.25 (ANI): At least 10 Chinese companies have withdrawn foreign investment applications to buy into Australian resources companies under pressure from the Kevin Rudd Government. The Australian Government has made it ... Read more...

Posted in Business |