CITIC Ltd (0267.HK)
15 Feb 2018
Mon, Jan 29 2018
* REFERS TO ANNOUNCEMENT IN RELATION TO DELIVERY OF JUDGEMENT IN ROYALTY COMPONENT B PROCEEDING (CIV 1808 OF 2013) CONCERNING SINO IRON PROJECT
* Notes judgement by Supreme Court of Western Australia on dispute with Mineralogy Pty Ltd
SYDNEY, Nov 24 Australian businessman Clive Palmer said on Friday the Supreme Court of Western Australia awarded his company about A$200 million ($152 million) in damages in a dispute with Chinese conglomerate CITIC.
SYDNEY, Nov 24 Australian businessman Clive Palmer said on Friday the Supreme Court of Western Australia has awarded his company Mineralogy about A$200 million ($152 million) in damages in a dispute with Chinese conglomerate CITIC .
SYDNEY, Aug 30 Chinese conglomerate Citic has warned it may suspend operations at its Sino Iron mine in Western Australia if it can't resolve legal disputes with Australia's Mineralogy over royalty payments and land access.
* China's Citic Ltd may have to suspend an Australian iron ore project, chairman Chang Zhenming told reporters Source (http://s.nikkei.com/2gn2hqX) Further company coverage:
* HY profit attributable HK$32,261 million versus HK$20,182 million