Australia is increasingly the place to be for large international and Am Law 200 law firms seeking new venues for deal work.

On Monday, China’s Hanlong Mining Investment put forth a $1.52 billion bid for Aussie mining company Sundance Resources, the latest natural resources deal announced Down Under. Bloomberg reports that Hanlong owns 18.6 percent of Sundance, which has key mineral deposits in Cameroon and the Republic of Congo.

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