Palmers Mineralogy has 6 co-component companies that he directs;
austeel pty ltd
balmoral iron pty ltd
brunei steel pty ltd
international minerals pty ltd
korean steel pty ltd
and they also have leases and agreements on and around the same area, some we have heard of before (austeel, international, balmoral).
is there more deals to come?
there is definately extra options for ARH in the future to do agreements for expansion and or another billion tons, especially after palmer becomes a major share holder, it would be in his own interest.
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