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Nickel miner AKP set to go public, prepares for acquisition by Korean firm

Nickel miner AKP set to go public, prepares for acquisition by Korean firm
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LX International to acquire 60% stake in Indonesian nickel mine

LX International, the trading arm of South Korea's LX Group, said Tuesday it will buy a major stake in a nickel mine in Indonesia as it pushes to expand its resources business. The company's board of directors has approved an agenda to invest 133 billion won ($101.6 million) to acquire a 60 percent stake in the Adhi Kartiko Pratama, or AKP, mine and secure its management rights. The acquisition will be LX&#. ....

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