IRC Has Two `Very Powerful' China Partners

IRC Has Two `Very Powerful' China Partners Play

Jan. 17 (Bloomberg) -- Jay Hambro, executive chairman of Hong Kong-listed IRC Ltd., an iron ore miner in Far East Russia, talks about the company's business strategy. IRC said earlier today it agreed to sell new shares to General Nice Development Ltd. and Minmetals Cheerglory Ltd. Hambro speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

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