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Citic Pacific Ltd. lost a bid to stop Mineralogy Pty from operating a port in Western Australia, part of a dispute stemming from the construction of the biggest magnetite iron-ore development in ...
While Palmer is fighting CITIC Pacific on port access, he is also suing it for around A$200 million in royalties he believes he is owed.
Hong Kong-listed Citic Pacific said it will buy the assets of its China state-owned parent, Citic Group, leading to the parent's being listed for the first time.
While the forex hedging scandal at Citic Pacific rumbles on, shareholders now have this to look forward to: a cyclical decline in every one of its major business lines and growing debt burden ...
Chang, aged 52, is also vice chairman and president of China's Citic Group, which holds a controlling interest in Citic Pacific. He also holds senior positions in other Citic group companies.
Citic Group is expected to oust Larry Yung Chi-kin as chairman of Citic Pacific in the next few days and has sent a team to investigate the company's huge foreign-exchange losses and possible ...
HONG KONG, Nov 12 (Reuters) - CITIC Group plans to inject $1.5 billion in cash into CITIC Pacific <0267.HK> in return for new shares and become a controlling shareholder of the Hong Kong-listed ...
The Hong Kong company proposing to build an iron ore mine and port at Cape Preston in Western Australia's Pilbara has sold a 20 per cent stake in the project to its Chinese contractor.
China's CITIC Pacific <0267.HK> has agreed to buy the main operating unit of its parent, state-backed CITIC Group, for $36.5 billion (21.7 billion pounds) in a stock and cash deal aimed at ...
The Federal Court of Australia has dismissed an appeal by Clive Palmer’s Mineralogy to prevent CITIC Pacific Mining from accessing the Cape Preston port, effectively cutting off the multibillion ...
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