Alien metals Australia announced that it would acquire 51% of the shares of Brockman and Hancock ranges iron ore projects in Pilbara, Western Australia. At present, the company is restructuring its capital and will postpone the acquisition of the two iron ore projects.  

Previously, alien had planned to acquire these shares within 45 days, but now the acquisition plan is postponed to November 18, 2019, because the company has not completed the due diligence and analysis work of the project The iron ore samples from the latest field trip have been sent to the laboratory for comprehensive chemical analysis, and the analysis results are expected next week. (From 51ore)