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17 Jan
09:48

Hanggang signs deal with Magnetite

Hangzhou Iron and Steel (Hanggang) has agreed to take up to 1 million tonnes/year of iron ore concentrate from Magnetite Mines once it has developed its deposits in South Australia, Kallanish notes. Magnetite chairman Gordon Toll says Shandong Iron and Steel and Qingdao Iron and Steel have also announced their support for his projects. The company is developing the Mawson Iron Project which contains over 2.7 billion tonnes at the Razorback Ridge deposit and 1.2 …
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