The company will also have full ownership of Kevin's Corner coal mine and the rail and port project connecting the three mines.

BBC: Chromite mines in Orissa, India

The China First Project is a thermal coal mine in the undeveloped Galilee Basin coal region in Queensland.

FORBES: Australian Miner Opts For Chinese Funding Over IPO

Those other assets include stakes in a gold project in Kazakhstan and a coal mine in Mongolia.

WSJ: A Battle for Mongolia's Copper Lode