News Wrap

IN THIS morning’s News Wrap: Arrium closer to salvation as Korean bidders get nod; Frontier Diamonds eyes ASX float to fund growth plans; and Mineralogy royalty crucial in fight with Clive Palmer.

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Arrium closer to salvation as Korean bidders get nod

Resolution of the future of Australia's second largest steel producer has taken a big step forward, with a Korean consortium beating out a UK bidder

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