Metals & Mining

Mon, 08/30/2010 - 16:27

Wanye Enterprises to buy into Indonesian iron ore mine

Shanghai. August 30. INTERFAX-CHINA - Shanghai Stock Exchange-listed Shanghai Wanye Enterprises Co. Ltd. intends to acquire a 60 percent stake in Indonesia-based P.T. Servindo Jaya Utama in order to gain access to the Taliabu iron ore mine in North Maluku, Indonesia, according to announcements from Wanye Enterprises on Aug. 20 and Aug. 27.

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