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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Flinders Mines Limited | ASX:FMS | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.49 | 0.48 | 0.49 | 0.00 | 01:00:00 |
From May 2019 to May 2024
Russian steelmaker OAO Magnitogorsk Iron & Steel Works said Friday it is seeking to acquire Australia's Flinders mines Ltd. (FMS.AU) for A$0.30 per share.
The deal values Flinders at about A$554 million in total, Magnitogorsk said in a statement.
Flinders owns the Pilbara Iron Ore Project in western Australia.
"I am confident that Flinders will develop into a leading iron ore producer in Australia," Magnitogorsk chairman Victor Rashnikov said in the statement.
-By William Mauldin, Dow Jones Newswires; +7 495 232-9192; william.mauldin@dowjones.com
1 Year Flinders Mines Chart |
1 Month Flinders Mines Chart |
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