Emergent Resources’ and CMIC JV Approved
Foreign Investment Review Board (FIRB) has approved Emergent Resources Pty Ltd’s A$200-million joint venture (JV) with China’s Beijing China Metallurgical Investment Company (CMIC) on their Western Australian Beyondie iron-ore project.
The target for this project between 3,7-billion and 4,2-billion tonnes of iron-ore, grading at between 27% and 28% iron outside the existing resource area.
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Mon, May 17, 2010
Post by Mike Rodger, Iron Reporter