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04 Feb
15:26

Trafigura to sell ore from Tombador’s Brazilian mine

Australia-based Tombador Iron Limited (TIL) has signed a binding offtake agreement with multinational commodity trader Trafigura for 100% of international market sales of high-grade iron ore from the miner’s project in Brazil. The arrangement is for an initial term of three years starting from the first production and will be automatically renewed on an annual basis following the initial term, Tombador says in a note monitored by Kallanish. “The…
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