02
Sep
05:02
Anglo American to negotiate Hancock iron ore offtake
United Kingdom-listed mining firm Alien Metals has granted Anglo American an exclusive right to negotiate project funding and offtake arrangements for the Hancock iron ore project, Kallanish notes.
Alien Metals has through its wholly-owned subsidiary Iron Ore Company of Australia (IOCA), entered into a mandate letter with Anglo American, in relation to the project located in the Pilbara in Western Australia.
Under the agreement, Anglo American has an exclus…
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Very good overview of the weekly steel market.
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