MIS midwest corporation limited

midwest shares up on chinese ore deal

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    6,669 Posts.
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    20/06/05
    10:37
    Post #: 953526
    The Australian --- Page: 26

    Australian mining company, Midwest Corporation, has signed an agreement to finance iron ore projects. The entity has entered into a framework agreement with Chinese company, Sinosteel. The partners will investigate the joint development of two projects near Geraldton in Western Australia. Sinosteel may then buy the output of the projects and be the main financier. Midwest's share price rose by $A0.11 to close at $A0.55 on 17 June 2005
    MIS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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