Strong $A a factor in ending deal: Sage

CAPE Lambert Iron Ore says the strong Australian dollar was a major reason behind the company’s decision to end its sales agreement with a Chinese investor for the sale of 70% of its namesake magnetite project in Western Australia's Pilbara.

Strong $A a factor in ending deal: Sage Strong $A a factor in ending deal: Sage Strong $A a factor in ending deal: Sage Strong $A a factor in ending deal: Sage Strong $A a factor in ending deal: Sage

The iron ore hopeful announced Ding Liguo, chairman of Singapore-listed Delong Holdings, had failed to satisfy a condition precedent to the sale agreement and breached a memorandum of understanding

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