Takeover allows Todd Corp exit from WA play
Minerals giant Fortescue agrees deal to buy Pilbara iron ore project.
Drilling at Red Hawk's Blacksmith project in Western Australia.
Todd Corporation is set to draw a line under its foray into Australian iron ore after a takeover bid from minerals giant Fortescue for ASX-listed Red Hawk Mining, previously known as Flinders Mines.
Todd Corp owns 60.7% of Red Hawk, the remnants of an ambitious multi-billion dollar plan to develop
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