29
Oct
13:19
Jupiter eyes first-quarter Central Yilgarn demerger, IPO
Jupiter Mines’ board has approved the demerger and subsequent initial public offering of its Central Yilgarn Iron Ore Project. The move will create an ASX-listed company that will develop the Mount Mason direct shipping ore (DSO) hematite project, Kallanish notes.
Jupiter says the demerger will be achieved via a distribution of the new company’s shares in-specie to Jupiter shareholders, in proportion to their existing shareholding in Jupiter. Shar…
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Very good overview of the weekly steel market.
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