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    market news

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

    Investing News Network
    Nov. 08, 2011 02:07PM PST
    Base Metals Investing

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

    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.

    market newschinaalumina limitedasx:mbn
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