MST metal storm limited

HMMMM so this was the second time that China tried to gain...

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    HMMMM so this was the second time that China tried to gain access to Woomera claims? I wonder what is so interesting in that area apart from minerals?? hypervelocity perhaps??



    http://www.swissinfo.ch/eng/news/international/Australia_s_military_objects_to_China_investment.html?siteSect=143&sid=11260293&ty=ti

    The proposed Wugang joint venture would "not be compatible with defence's activities at the Woomera Prohibited Area on safety, operational and national security grounds," the defence department said.

    The military's lack of support means there is virtually no chance that foreign investment officials who advise Treasurer Wayne Swan would approve the deal.

    That will make it the second time this year the government has blocked an application by China to operate within the Woomera military zone, an area the size of England.

    In April, Swan rejected Chinese state-owned firm Minmetals' $2.26 billion bid to acquire debt-stressed OZ Minerals on national security grounds, saying the local firm's main mine lay too close to Woomera. Australia finally approved a revised deal whereby Minmetals would buy OZ Minerals' other mines
 
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