This was the 2nd time this year that the Australian Foreign Investment Review Board blocked a Chinese company from investing in the country's critical minerals sector.
Bill to amend Mines and Minerals (Development and Regulation) Act to be tabled during monsoon session. Govt also seeks to allow commercial mining of mineral resources in offshore areas.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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