Toshiba agrees to acquire stake in uranium mine

Article Abstract:

Japanese electronics firm Toshiba Corp. will purchase a portion of a majority stake in a Kazakhstan uranium mine held by Marubeni Corp. Toshiba's stake would be 22.5%, dropping Marubeni's to 32.5%. The deal provides Toshiba with rights to 600 metric tons of uranium annually supplied by the Kharassan project in Kazakhstan.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Household audio and video equipment, Kazakhstan, Uranium-radium-vanadium ores, Japan, Toshiba Corp., Consumer electronics industry, Electronics industry, Uranium industry, Marubeni Corp.

---

Xstrata agrees to buy LionOre

Article Abstract:

Mining company Xstrata PLC is acquiring Canadian nickel company LionOre Mining International Ltd. for $4.6 billion Canadian dollars. With this acquisition, Xstrata will increase its international nickel business in a time of high nickel demand and dwindling supplies.

Market information - general, Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum), Ferroalloy ores, except vanadium, Primary Nickel, Refined Nickel, Canada, Supply and demand, Nickel, Nickel industry, LionOre Mining International Ltd., Nickel (Metal)

---

Brazilian mining firm Vale courts Xstrata

Article Abstract:

Brazilian mining firm Companhia Vale do Rio Doce is negotiating with Xstrata PLC to buy the Swiss firm in a deal worth up to $90 bil. The sale depends on Vale raising the cash required.

Strategy & planning, Planning, Brazil, Company business planning, Companhia Vale do Rio Doce S.A.

Similar abstracts:

• Abstracts: UniCredito agrees to acquire HVB. Linde garners approval of FTC for its Acquisition of BOC Group
• Abstracts: China's ICBC to buy stake in African firm. RBS write-down calms fears. ICBC poised for massive offering
• Abstracts: Viagra gets quick approval in Japan, opening big sales frontier for Pfizer. EU opens antitrust probe with raid on drug makers
• Abstracts: British Air faces revenue hit from Heathrow mess. British Airways net soars 75%
• Abstracts: Wesfarmers to acquire Coles, form Australian retail titan: after rival bidders fall by wayside, a landmark deal

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.