It now needs north of $200 million of capital to restore its balance sheet.
Fonterra's divestment process is gaining traction.
But the regulators say changes are being made.
Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...
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