China’s Minmetals Resources Scrambles To Extend Life of Mines, Eyes Mirabela Nickel, Alumina

IBTimes reported China’s Minmetals Resources Ltd. (HKG:1208) is on the prowl to acquire Mirabela Nickel Ltd. (ASX:MBN).

As quoted in the market news:

Analysts interviewed by Bloomberg estimated Mirabela Nickel Ltd. could be worth as much as A$1.6 billion, while Alumina Ltd. may be at A$8.5 billion.

Click here to read the full IBTimes report.