LCY 12.5% 1.4¢ legacy iron ore limited

nmdc & rio tinto snap ties after 3-year affair, page-3

  1. 3,281 Posts.
    found it 'at least 50%

    http://www.indianexpress.com/news/NMDC--Rio-Tinto-snap-ties-after-3-year-affair/843788/

    'NMDC is currently pursuing an aggressive acquisition strategy in Australia. It is planning to acquire at least 50 per cent stakes in Legacy Iron Ore Company and Stellar Resources in Perth for a cash consideration of totaling nearly Rs 600 crore. Besides, the navratna company is also likely to sign another MoU with MineMakers also in Australia, which own and operate the Wonarah Phosphate mine having 1,258 MT of reserves.'

 
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