Straits sells Yannarie salt project

Straits Resources hit an environmental approvals roadblock last year which delayed its proposed Yannarie solar saltworks project near Exmouth, Western Australia, the West Australian reported today. The company announced March 23 it was selling the project together with its coal business to Thai energy company PPT. The total deal yielded $335 US for Straits which intends to seek acquisitions in copper and gold.

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