Dec 10 (Reuters) - Bauxite Resources Ltd BAU.AX :
* Sasac approval received for sale of yankuang interest in jv BAU.AX
* Says "the transaction is now only conditional on brl shareholder approval"
* Joint ventures with yankuang will be terminated"
* Yankuang will pay brl the sum of A$7.15 million for its interests in the assets of the joint ventures"
* Says brl will transfer to yankuang all its interest in the tenements that relate to the joint ventures
* Brl will buy back yankuang's 19,700,000 shares in brl for the sum of $1.15 million
* Source text for Eikon ID:nASX3PT0YM