CAPITAL MARKETS

Pima powers up its SAMAG project

PIMA said today it has struck a 20-year energy deal with Australian National Power, securing electricity supplies for its proposed $700 million magnesium plant at Port Pirie in South Australia.

MiningNews.Net

Under the agreement, ANP plans to build, own and operate a new 230MW combined cycle gas-fired power station adjacent to Pima subsidiary SAMAG's proposed magnesium plant, of which 170MW will be dedicated...

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