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Iron ore mining news

IOCA signs agreement with Anglo American to negotiate funding and offtake

Alien Metals Ltd has, through its wholly-owned subsidiary Iron Ore Company of Australia Pty Ltd, entered into a mandate letter providing for an exclusive right to negotiate project funding and offtake arrangements with Anglo American in relation to the Hancock iron ore project.

 

EDB provides US$55 million in financing to ERG’s SSGPO

Eurasian Development Bank has provided US$55 million to Eurasian Resources Group’s Sokolov-Sarybai Mining Production Association enterprise in Kazakhstan, in order to finance the production of export goods.

 
 
 
 
 
 
 
 

Atlas Iron Pty Ltd awards NRW contract extension

NRW has received an executed contract extension from Atlas Iron Pty Ltd for the mining and crushing services works at the Mt Webber Iron Ore Mine in the Pilbara region of Western Australia.