UMC united minerals corporation nl

other company's news

  1. 1,166 Posts.
    ABC we site

    China's third-largest steel group is to invest $186 million in iron ore projects in South Australia.

    An agreement has been signed between Wuhan Iron and Steel and Adelaide-based Centrex Metals and is subject to government approval.

    The joint venture is expected to lead to development of two iron ore mines over the next seven years, near Port Lincoln on Eyre Peninsula.

    Centrex Metals says the deal is significant because tensions in the global iron ore market are straining negotiations.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.