sin-tang becoming a spoiler to xstrata, page-4

Here is a Patersons research note from the ROY web site that gives a little more detail on Sin-Tang

http://www.royalresources.com.au/documents/Patersons%20research%20paper_2010.pdf

ROY is backed by Singapore-based investment and trading company Sin-Tang Development Pte Ltd, which has long-term iron ore supply contracts with Indian and Australian producers.

Major shareholders include Aus-Ore Investments (9%), the Australian subsidiary of Sin-Tang.
The Razorback Ridge project is supported by Singapore-based investment and trading company Sin-Tang Development Ltd.
Sing-Tang?s major shareholders are:
Mr Du Zhenzeng, Founder and Owner of Tangshan Ganglu Iron & Steel Co. Ltd, Hebei Province, China, currently producing ~5Mt of steel p.a. Mr. Du holds a 40% share in Sin-Tang
Mr Zhou LianMing, Founder and Owner of Hebei Xinquan Coking Co, currently operating a 1Mt p.a. delayed coking operation, with further expansion. Mr Zhou owns 25% of Sin-Tang
Mr Xie Yuzheng, a trader in Iron Ore with an annual trade of 7Mt. He is currently on the boards of Auvex Resource Ltd, a listed company producing manganese ore, and Jupiter Mines Ltd, an ASX listed company. Mr Xie owns 30% of Sin-Tang.