Baosteel...or Baowu at 5.4%....Not 9

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Baosteel...or Baowu at 5.4%....Not 9

posted on Aug 25, 2021 09:16AM

https://www.afr.com/companies/mining/bhp-takeover-target-blasts-forrest-camp-20210822-p58kv9

.....And it is believed Chinese steel giant Baosteel, Noront’s second biggest shareholder behind Wyloo with 5.4 per cent of the stock, has committed its stake to BHP.....

....If Dr Forrest opts not to proceed with the bidding war foreshadowed by Wyloo and it sticks to its guns on not selling into the BHP bid, another option is a truce whereby BHP controls Noront with Wyloo as a major shareholder.