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IRON ore hopeful Aurox Resources has signed another iron ore offtake deal for its Balla Balla magnetite and vanadium project, boosting its sales contract with Chinese company RockCheck steel from 3 to 7 million tonnes per annum within five years of project commissioning.
The additional tonnage under the new deal means that by 2014 Aurox will supply some 10Mtpa to Chinese steelmakers RockCheck and the Chengde Iron and Steel Group.
Pilbara iron ore development costs more certain as shareholders prepare for crucial vote
Flinders formalises Balla Balla JV
Flinders pleads for Balla Balla backing
