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IronClad agrees Wilcherry Hill iron ore offtake with China's New Page

February 02, 2012 - 13:33 GMT Location: London

KEYWORDS: iron ore , IronClad , Wilcherry , New Page , offtake , Australia

Australian Stock Exchange-listed junior iron ore miner IronClad has agreed a second offtake deal for its Wilcherry Hill project with Hong Kong-based resources investor New Page Investments, IronClad said in a statement on Thursday February 2.

The four-year offtake agreement will see New Page take as much as 50% of the annual iron ore production from Wilcherry Hill. The South Australia unit is an IronClad joint venture with exploration company Trafford Resources. The agreement...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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