NIC 1.84% 80.0¢ nickel industries limited

I don't understand what you are saying. There are two Baowu...

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    I don't understand what you are saying.

    There are two Baowu deals reported in the media recently:
    1. Tsingshan selling up to 8 RKEF lines within the IMIP to Baowu
    2. Vale and Baowu forming a JV to produce ferronickel, where Baowu holds a 51% controlling interest, and later to add steel-making capacity.

    Are you referring to one of these deals, or a different deal? It may help if you can provide a source for everyone to read.
 
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