31
May
10:40
Hoa Phat buys Australia's Roper Valley iron mine
Vietnam's leading steelmaker, Hoa Phat Group, has extended its steelmaking industry chain to raw materials through the acquisition of an Australian iron ore mine. This will help it achieve raw material supply security.
Hoa Phat has acquired 100% of the Roper Valley iron ore mine project in Australia. Australia's Foreign Investment Review Board (FIRB) has approved the deal, Kallanish notes.
Roper Valley was 100% owned by Northern Territory Iron Ore Pt…
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