Glencore signs on for WA iron ore

MACARTHUR Minerals has signed a binding life-of-mine offtake deal with Glencore for the Lake Giles iron ore project in Western Australia’s Yilgarn region.

Glencore signs on for WA iron ore Glencore signs on for WA iron ore Glencore signs on for WA iron ore Glencore signs on for WA iron ore Glencore signs on for WA iron ore

Macarthur's WA ground

The Swiss commodities giant has agreed to buy 4 million tonnes per annum of iron ore for the first 10 years of operation, with the option to extend for a further 10 years.