Cape Lambert shares halted as $400m project sale finalised
6th August 2008, 8:15 WST
Cape Lambert Iron Ore has entered a trading halt as the company finalises the $400 million sale of an iron ore project to China Metallurgical Group Corp (MCC).
The project is located in the Pilbara region of Western Australia and contains a 1.56 billion tonne resource of low grade magnetite iron ore.
MCC has formed a partnership with Evraz Group SA, Russia’s second largest steelmaker, to develop the project.
Evraz holds a 19 per cent stake in Cape Lambert Iron Ore.
AAP
- Forums
- ASX - By Stock
- CLE
- announcement
announcement, page-10
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $3.265K | 3.265M |
Featured News
CLE (ASX) Chart |