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Securities Times Online ( www.stcn.com ) 02月15 AP
* ST V-Ti(000629) on February 15 night revealed the progress of major asset replacement announcement, the company said the replacement of major assets involved in Anshan Iron and Steel Company in Hong Kong and Macao share transfer saddle matters has been the Australian Foreign Investment Review Board conditional approval.
Obtain such approval on the premise that the company will support the Australian government approved the development of Oakajee port and rail construction; if access to the right to use, available in the Oakajee port using the port transportation projects Carrara products; and plans for the joint venture parties China set up pellet plant, without the prior approval of the Government of Australia, may not change that pellet plant proposed 50:50 ratio of ownership.
Notice that the Australian Foreign Investment Review Board approved the additional condition that the products Carrara Mining Limited Oakajee port by rail from the output, * ST vanadium and titanium no investment obligations; the proportion of ownership by developing 50:50 pellet established in China Anshan Iron and Steel Group Corporation plant is up and gold will be the construction plan is still in the analysis and appraisal stage. (Securities Times Online News Centre)

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