IGO to record impairment against nickel assets in strategy shift
IGO has been undertaking a strategic review in an attempt to revaluate its resources.
Hong Kong-based Regent Pacific Group Ltd said it would consider reinstating debt funding for its original bid for Australian iron ore producer BC Iron Ltd.
This move follows a decision by Australia’s Takeovers Panel declaring a case of “unacceptable circumstances” for Regent’s “purported termination” of its takeover scheme with BC Iron.
