re: Ann: Signs MOU for World Class Bauxite Pr... When you look...

  1. 1,334 Posts.
    re: Ann: Signs MOU for World Class Bauxite Pr... When you look at the details of the agreement, I can see there is a lot of work to do to define the JV

    * 25mt PA Buxite Mine

    * Rail and Port infrastructure

    * Alumina processing and Aluminium Smelter

    T-MV agree to push the approval process.

    ATI will fund the feasability study and procure finance for the project.

    "The JV interests of T-MV and ATI will reflect the contributions of the parties."

    Early days, but I can see ATI have aimed VERY HIGH and this will take time to work through.

    Let's see how deep the pockets of Michaels Asian friends are?

    Happy to watch the pennies grow!

 
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