find the latest legal job
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Insurance Lawyer (1 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Great Career Opportunity ·
View details
Insurance and Health Lawyer (1-4 PAE)
Category: Insurance and Superannuation Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· New position to support Growth ·
View details
Corrs on a roll with Chinese mining deals

Corrs on a roll with Chinese mining deals

Corrs Chambers Westgarth has confirmed its role advising Baosteel Group Corporation (Baosteel) on its strategic alliance with ASX-listed iron ore, coal and manganese developer Aquila Resources…

Corrs Chambers Westgarth has confirmed its role advising Baosteel Group Corporation (Baosteel) on its strategic alliance with ASX-listed iron ore, coal and manganese developer Aquila Resources Limited (Aquila).

The deal, announced on 28 August, is the third major Chinese mining deal with Corrs participation to be announced in the last ten days.

On Tuesday, ASX-listed emerging lithium producer Galaxy Resources announced it had secured a $130 million financing agreement with Chinese private investment company Creat Group Co Ltd, by way of a share subscription agreement for 19.9 per cent of Galaxy's expanded capital and a loan facility. The deal is worth up to $156 million, enabling the development of Galaxy's key Mt Cattlin spodumene project, including its Jiangsu lithium carbonate project in China. Corrs is advising Creat Group.

Earlier this month, Yanzhou Coal Mining Company announced its proposed $3.3 billion takeover of ASX-listed coal player Felix Resources by way of a scheme of arrangement. If completed, this will be the biggest Chinese deal in the Australian coal sector and the largest takeover by a Chinese SOE in Australia.

Corrs Partner and Chair of Corrs' national Energy and Resources Division, Adam Handley (pictured), commented: "The recent economic slowdown and bilateral relationship issues between Australia and China haven't dented the enthusiasm of China investors to seek out quality energy and resources projects in Australia.

"We believe that Australian companies and the economy in general will continue to benefit from that ongoing interest."

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Corrs on a roll with Chinese mining deals
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Please, Continue (Hamlet), Melbourne Festival
Oct 16 2017
Hamlet suffers slings and arrows of top Victorian barristers
Victorian judges and barristers have performed the unique play Please, Continue (Hamlet) at the Melb...
Julian Assange
Oct 13 2017
When justice fails, according to Assange
WikiLeaks founder Julian Assange has dismissed the capacity of judicial systems to deal with complex...
Aussie anti-terrorism laws, detention of 10-year-olds
Oct 13 2017
Treatment of kids under Aussie anti-terrorism laws an over-reach: ABA
The Australian Bar Association has urged the government to reconsider proposed reforms to Australian...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...