Nov 10 (Reuters) - Emergent Resources Ltd EMG.AX -
* Update on acquisition opportunity
* Directors have been unable to reach commercial terms with vendors of Hong Kong based copper recycling business
* Company has ceased all negotiations and activities and will not be pursuing potential acquisition
* Notes that its 80% interest in Beyondie Iron Ore Project (e52/2215) remains in good standing Source text for Eikon: ID:nASX2zMmK7 Further company coverage: EMG.AX