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China's Hanlong makes $1.5 billion bid for Sundance

international business times | July 18, 2011 | 11:05 am Energy Africa China Europe Iron Ore Uranium 

China's Sichuan Hanlong Group made a bid to buy out the shares it doesn't already own in West African iron ore exploration company Sundance Resources, valuing the private conglomerate at A$1.4 billion ($1.5 billion). Last week, Hanlong, which is seeking...

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