Friday 26 June 2015

Otmane El Rhazi : Flinders, Todd deal gains FIRB approval

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

ASX-listed Flinders Mines and New Zealand-based The Todd Corporation have been given the green light to move forward with their landmark option and sale of the Pilbara iron-ore project (PIOP), in Australia. Flinders MD Ian Gordon on Friday said that the Foreign Investment Review Board (FIRB) had notified Todd that there were no objections to the A$65-million deal signed with a Todd subsidiary in May.

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