February 18, 2009

NATIONALISM: Aussie Greens Say NO to China

Chinese metal giant Minmetals is offering $1.7 billion (US dollars) for Australian zinc miner OZ Minerals. OZ's shares are up 17 percent today. The news comes just after Chinese conglomerate Chinalco offered near $20 billion to iron ore producer/supplier Rio Tinto. All this activity is too much for the Australian Green Party which is objecting to the deals...

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