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14 Mar
10:08

Mitsubishi plans 1m t/y Hawsons off-take agreement

Japan’s Mitsubishi Corporation RtM has signed a letter of intent with Carpentaria Exploration Limited for a 1 million tonne/year off-take agreement from its Hawsons Iron Project. The deal could make the project more likely to come to fruition, although the first shipments are still not due until 2020, Kallanish notes. The deal, which would last ten years from 2020, would be around 10% of the 10m t/y of ‘supergrade’ magnetite pellets the miner p…
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