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Finance & business

 

Orica announces sale of Minova to Aurelius Group

Orica has entered into an agreement to sell its Minova business to Aurelius Group for AUS$180 million, subject to transaction costs and customary completion adjustments.

 
 

Alien Metals forms iron ore subsidiary

Alien Metals Ltd has formed a new wholly owned subsidiary named Iron Ore Company of Australia Pty Ltd, as part of its development of the Hancock and Brockman Iron Ore projects.