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Forge secures JV partner for Balla Balla

THE new owner of the Balla Balla magnetite-vanadium and titanium play in Western Australia, Forge Resources, plans to team up with private New Zealand-based outfit Todd Capital to develop the asset as part of a $A45.5 million funding deal.

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Forge secures JV partner for Balla Balla

Forge shares have already been sent skyward on the news, jumping nearly 25% in morning trade. Todd agreed to provide the funds to bankroll Forge Resources’ purchase of Balla Balla from Atlas Iron,...

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