09
Mar
08:35
Jupiter halts Central Yilgarn spin-off, IPO
Jupiter Mines has scrapped the plan to spin-off and carry out an initial public offering of its Central Yilgarn Iron Ore Project (CYIP), Kallanish notes.
The miner said on Monday: ''Despite overwhelming support for the demerger of CYIP, we had taken the decision to halt the process, as Jupiter shareholder Stichting Pensioenfonds had confirmed that it did not intend to meet the regulatory requirements of the Foreign Investment Review Board, which …
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Very good overview of the weekly steel market.
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