02
Dec
10:59
Flinders finalises iron ore deal
Australia’s Flinders Mines has reached a joint venture agreement with BBI Group to develop its Pilbara iron ore project. The agreement confirms its earlier proposal but the company has yet to confirm a start date for the project, Kallanish notes.
BBI, itself a joint venture between Nyco and New Zealand’s Todd Corp which owns 55.6% of Flinders, would initially take a 10% interest in the project in exchange for funding feasibility studies. When a final…
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