16
Aug
14:54
Anglo Pacific buys share in Labrador Iron
Anglo Pacific Group has acquired a 4.25% share in Labrador Iron Ore Royalty Corp for about $50 million, Kallanish learns from a company release.
The Rio Tinto-owned Labrador Iron Ore bills itself as one of Canada's largest iron ore suppliers, as well as a top-five global seaborne iron ore pellet producer. It has at least a 25-year reserve of iron ore for pellet production.
Anglo Pacific ceo Julian Treger says the acquisition is in line with the company…
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Anonymous
Very good overview of the weekly steel market.
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