The Saturday West Australian, business section outlined the new Chinese suitor to spend big.
Some Qoutes from article by Kate Emery;
"WA's resources sector has a new suitor , with China's Hanlong Mining disclosing plans to spend more than $US5 billion to establish a mining house in Australia"
" With a focus on steel-related products, Hanlong's shopping list is expected to include WA's iron ore juniors "
" This move could carry huge implications for the Pilbra
and the Mid-West "
This is good for juniors like Apollo( AON ) with a significant upside..........
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