MELBOURNE : A China-linked fund that is a major shareholder in Australia's Northern Minerals has filed a motion to oust the rare earth developer's chairman after the fund's move for a higher stake was rejected on national interest grounds early this year.Singapore-based Yuxiao Fund, which owns a near 10 p
China-linked fund seeks ouster of Australian rare earth miner s chairman bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
A China-linked fund that is a major shareholder in Australia's Northern Minerals has filed a motion to oust the rare earth developer's chairman after the fund's move for a higher stake was rejected on national interest grounds early this year.
Australia's Northern Minerals said last Tuesday that the Australian government has blocked Yuxiao Fund, its largest shareholder, from increasing the investment on the grounds of national interest.