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SHANGHAI, Feb 3 (Reuters) - Building and engineering firm Metallurgical Corp of China (MCC) said on Wednesday that it plans to pay $200 million in cash for up to a 5 percent stake in Resourcehouse ahead of the Australian commodities group's planned Hong Kong listing.
MCC, which helped to build Beijing's "Bird Nest" Olympic stadium, has also won a contract to manage a coal mine project owned by Resourcehouse, as well as rights to receive a 4 percent commission based on 30 million tonnes of annual coal sales, the company said in a statement to the Shanghai Stock Exchange.
Resourcehouse in November indefinitely delayed a road show for its planned $3 billion Hong Kong initial public offering, after the stock exchange requested more information about its joint coal project with MCC.


"Resourcehouse controls huge resources including coal, iron ore, railways and ports," MCC said in the statement. "The investment is not only in line with the government's 'outward bound' strategy, it is also strategically important to entering the resources market in eastern Australia."
Resourcehouse, controlled by Clive Palmer, one of Australia's richest men, obtained initial approval for its IPO from the Hong Kong stock exchange and plans to start its road show in the first half of 2010, MCC said in Wednesday's statement.
MCC said its planned investment in Resourcehouse was subject to approval from the Chinese and Australian governments, as well as Resourcehouse shareholders.