AUSTRALIA: Six Bidders Line Up to Purchase or Recapitalise AZC (Mindarie)

摘要

As noted in TiO2 Worldwide Update, Jly/Aug 2009, page 6, Australian Zircon NL (AZC) went into voluntary administration on 9 October and appointed Mr Bryan Hughes (of Pitcher Partners) as Administrator. The company's mining operations at Mindarie (150 km east of Adelaide) in the southern zone of the Murray Basin were suspended and placed on a "care and maintenance basis."