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Australasian, RDI merger delayed

26-November-08 by Rebecca Lawson

The planned listing of billionaire Clive Palmer's Resource Development International in Hong Kong has been delayed, Australasian Resources confirmed today.

The Perth-based iron ore miner said RDI is continuing to advance its draft prospectus for listing on Hong Kong's stock exchange, however the float will not occur before the end of the year as previously planned.

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