Industrial Minerals


Cliffs set to acquire Freewest

26 January 2010

by Mark Watts

Freewest shareholders accept C$240m. offer for Canada chromite assets

Keywords: Freewest, Cliffs, chromite, ring of fire, Noront

Cliffs Natural Resources Inc. has agreed to acquire chromite developer Freewest Natural Resources Inc. for C$240m ($226m.).

 

The C$1 per share offer was accepted by 82% of votes cast by shareholders in a meeting held on...