This is huge. Clive Palmer did a similar deal with Sino for his magnetite. He’s last reported as pulling in $500m+ per annum in royalties.
https://www.copyright link/companies/mining/palmer-bonanza-as-china-s-citic-nears-billion-tonne-iron-ore-deal-20210331-p57fk4
Hancock are too big and too experienced to be here to muck about.
Ann: Hancock to earn in to the Mt Bevan project, page-16
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