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China displays continued appetite for Australian minerals with Western Desert bid

Marc Howe | September 19, 2012 | 12:20 am Energy Precious Metals Europe Coal Gold Iron Ore Uranium 

China's Meijin Energy Group has launched a USD$457 million bid for Australia's Western Desert Resources (ASX:WDR). "This offer from a major Chinese corporation represents excellent value for shareholders" said Western Desert chairman Rick Allert in a statement. The bid of...

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