firb approval

Does the deal with Shougang require FIRB approval to take 50% in IM? As Government has just put a 90 day exclusion period on the Chinese investing in Iron Ore companies! This is after already telling others to withdraw applications for investment in same sector! Don't know the impact as IM is not a listed company. But Shougang got kicked out of last deal for Iron Ore because of shared interest with APAC. Interesting times.