The JV is subject to approval by the Foreign Investment Review Board, which could pose a challenge.
Sheffield managing director Bruce McFadzean in Derby in 2018.
Under the terms of the deal Yansteel will pay $130.1 million for a 50% share of the project and $12.9 million for a 9.9% stake in the company. Yansteel and Sheffield have also executed a take or pay...
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