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03
Nov
2016
Northern receives first payment from HuataiBy:Creamer Media Senior Deputy Editor: Australasia RARE EARTHS Rare earths developer Northern Minerals has received its first A$9-million payment from Chinese investor Shandong Taizhon Energy’s Huatai Mining.
Northern Minerals in August entered into a A$30-million equity funding agreement with Huatai, under which the company would issue 230-million shares, at an average price of 13c each.
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