ARH australasian resources limited

ARH got a little mention here today.FORTESCUE Metals has...

  1. 496 Posts.
    ARH got a little mention here today.


    FORTESCUE Metals has unveiled a $US10 billion ($A12.45 billion) iron ore "offtake" agreement with major Chinese steel maker Baosteel, one of the largest contracts yet inked in Australia.


    The deal comes less than a week after one of China's largest state-owned steel makers, Shougang, agreed to finance Australasian Resources' $US2.1 billion Balmoral South magnetite project in the Pilbara.

 
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