IXR 0.00% 0.6¢ ionic rare earths limited

major chinese steel group invests in imx resou, page-3

  1. 791 Posts.
    The Board of IMX Resources NL (ASX:IXR) is pleased to announce it has signed a detailed
    Heads of Agreement with Jilin Tonghua Iron & Steel (Group) Mining Co., Ltd (“Tonghua Mining”)
    for the offtake of Cairn Hill ROM magnetite / copper ore in South Australia and a share placement
    at 85 cents per share to raise $13.93 million.

    The sales offtake arrangement is Tonghua Iron & Steel’s first foray into the Australian resources
    sector.


    Sales Offtake
 
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