11
Jan
12:58
Macarthur Minerals secures Singapore investment
Australian iron ore and lithium prospector Macarthur Minerals says it has secured a strategic investment from Singapore’s Tulshyan Group. The investment give Macarthur access to capital to develop its iron ore deposits, it adds.
Tulshyan Group is primarily engaged in shipping but also trades stainless steel through its ship breaking arm, Wirana, Kallanish notes. It will pay CAD 243,750 ($184,547) for 3.75 million shares in Macarthur. Macarthur is list…
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