Fantastic News just what Arafura needed .
Chris Tonkin new CEO turning things around already imo. Well done Chris.
"Koreans look to secure raw material supplies."
Sarah-Jane Tasker From: The Australian-- April 09, 2012
"The obvious targets are thermal coal and metallurgical coal but the needs of Korea's large vehicle and engineering industries include copper, tungsten, RARE EARTHS and lithium."
"He (Mr Elliott) said the takeover of Australian-listed Cockatoo Coal by
(SK Group), illustrated the heightened interest from Korea."
http://www.theaustralian.com.au/business/mergers-acquisitions/koreans-look-to-secure-raw-material-supplies/story-fn91vdzj-1226321671971
SK GROUP ?
Didn't the MOU make reference to "THE GROUP"
http://www.sk.com/introduce/inside/inside_sk.asp
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