Precious Metals Australia Agrees Vanadium Offtake From Windimurra With Noble Group.
It would have been fun to be a fly on the wall earlier this week in the office of Xstrata’s chief executive Mick Davis when Precious Metals Australia announced that it had agreed a vanadium offtake agreement and a A$22 million financing package with Noble Group, a market leader in managing the global supply chain of agricultural, industrial and energy products. Davis may have his hands full in Canada with his bid for Falconbridge, but he will not have liked to read some of the newspaper comments in Australia claiming, yet again, that he got it wrong when he closed down the Windimurra vanadium mine in 2003. ... more
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