Metals News
Sherritt to Acquire a Controlling Interest in Sulawesi Nickel
industry news
10:13AM
Dec 2,2010
Source:SMM

Dec. 2 -- Sherritt International Corp. said it has executed an earn-in and shareholders agreement with a subsidiary of Rio Tinto Ltd. in which Sherritt will acquire an interest in the Sulawesi Nickel Project in Indonesia. Sherritt will acquire a controlling 57.5 percent equity interest in the holding company that owns the Sulawesi Project.

 

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