Mitsubishi Corporation plans to buy 50% interest in Australia's iron ore company from Murchison Metals

摘要

Mitsubishi Corporation plans to buy 50% interest in Crosslands Resources developing Jack Hills Iron Ore Project and Oakajee Port&Rail Project in Australia from Murchison Metals. According to the contract, the deal is worth AUD 325 mln ($317 mln) and will be closed in February 2012 after the company obtains an approval from Murchison Metals' Board of Directors.