The Hong Kong-based company which has secured a 12-year mining licence on a remote West Australian island, next to a military training ground, insists it has no links to the Chinese government.Documents submitted to the ASIC say its directors live in Australia, India, Hong Kong as well as mainland China
Earlier this month the ABC revealed concerns within defence and government over last year's decision to approve the lease on Cockatoo Island, despite its proximity to theAhead of likely scrutiny of the transaction in Senate estimates this week, the company has now moved to allay fears and to "clarify recent misunderstandings" about the controversial acquisition.
According to the registry of Western Australia's Department of Mines the new lease approved for 'Cockatoo Island Mining Pty Ltd' will expire in 2032.Sources familiar with the Commonwealth's review of the West Australian transaction say FIRB did not receive adequate information from Defence about the close presence of a military training area before the approval was finalised in October.
Earlier this month the Defence Department told the ABC appropriate security arrangements were in place at the remote training area which military figures believe it will become increasingly important for future amphibious exercises.
Hong Kong is controlled by the CCP!
Taxation must be just so we can pay the trillions of economic deficit.