Sherritt to Acquire a Controlling Interest in Sulawesi Nickel
By Steven Fromm -
2010-12-01T13:11:02Z
Sherritt International Corp. said it has executed an earn-in and shareholders agreement with a subsidiary of Rio Tinto Ltd. in which Sherritt will acquire an interest in the Sulawesi Nickel Project in Indonesia. Sherritt will acquire a controlling 57.5 percent equity interest in the holding company that owns the Sulawesi Project.
To contact the editor responsible for this story: Steven Fromm at sfromm@bloomberg.net
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