Gujarat NRE Coke to buy 30% in Zinico

By agencies   |   Wednesday, 22 June 2005, 07:00 Hrs
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MUMBAI: Metallurgical coke producer Gujarat NRE Coke Ltd. said on Wednesday it would buy up to 30 percent of Australian exploration company Zinico Resources NL.

It did not indicate the value of the transaction in a statement to the Bombay stock exchange.

It said Zinico, which has secured a significant portfolio of prospective iron ore and base metals projects in Tasmania.

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