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Why Is Peak Rare Earths Switching Its Buyer to Shenghe Singapore in $158M Deal?

8:29am on Friday 25th of July, 2025 AEST Mining
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Why Is Peak Rare Earths Switching Its Buyer to Shenghe Singapore in $158M Deal?

8:29am on Friday 25th of July, 2025 AEST
Key Points
  • Acquiring party changed from Ganzhou Chenguang to Shenghe Singapore
  • Scheme valued at approximately A$158 million
  • Minimum cash consideration set at A$0.359 per Peak share
  • Removal of PRC regulatory approval requirements
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