CI Resources explained

PRL Global Ltd
Native Name:PRL Global Ltd
Trade Name:PRL Global Ltd
Former Name:CI Resources Limited
Type:Public
Founded:1987
Subsid:Kemoil SALiven Nutrients
Key People:David Somerville - Chairman
Lai Ah Hong - Managing Director[1]
Industry:Mining
Products:Phosphate
Location:Registered office, Burswood, WA
Area Served:Australia, Malaysia, Indonesia, Singapore, Africa
Equity:AUD $115 million
Revenue:2014 - AUD $151 million[2]

PRL Global Ltd, formerly known as CI Resources is an ASX listed company which operates the phosphate mine and provides services to the Immigration Reception and Processing Centre on Christmas Island.[3]

The company was established in 1987.[3] [4] The company owned a 63-percent share of Phosphate Resources Ltd.[5] It was reported earlier 2015 that CI Resources will buy out Phosphate Resources,[6] which has operated the mine on Christmas Island since 1990.[5] [7] [8]

References

  1. Web site: Stocks . .
  2. http://www.ciresources.com.au//images/cires-16--noodahgoej.pdf
  3. Web site: CI Resources - Company Overview. www.ciresources.com.au. 2015-05-17.
  4. Web site: ASIC search. 2015-05-17. ASIC search. ASIC.
  5. Web site: Deal for Christmas Isl phosphate. 2015-05-17. Yahoo News. 2015-01-15. Klinger. Peter.
  6. Web site: ASIC search. 2015-05-17. ASIC search. ASIC.
  7. Web site: CI Resources close to completing takeover of Phosphate Resources - Proactiveinvestors (AU). www.proactiveinvestors.com.au. 6 June 2014. 2015-05-17.
  8. Web site: CI Resources to pounce on Phosphate Resources - Proactiveinvestors (AU). www.proactiveinvestors.com.au. 2015-05-17.