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05.12.2011 Court freezes MMK`s (Magnitogorsk) assets.


Federal Court of Australia froze AUD 857 million Australian assets of the company, including its 5-per-cent share in Fortescue Metal Group.

The decision sustained a claim by ÌÌÊ ENRC Marketing AG, principal iron ore supplier for an MMK`s subsidiary, Mining Assets Management.


Source:   metcoal.ru