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.
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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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