Aurox increases Balla Balla offtake deals to 10Mtpa

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.

Aurox increases Balla Balla offtake deals to 10Mtpa Aurox increases Balla Balla offtake deals to 10Mtpa Aurox increases Balla Balla offtake deals to 10Mtpa Aurox increases Balla Balla offtake deals to 10Mtpa Aurox increases Balla Balla offtake deals to 10Mtpa

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.

topics

loader