Australasian scores cash, tonnage

CLIVE Palmer’s Mineralogy will up its stake in cash-strapped Australasian Resources as well as granting it the right to mine an additional 1 billion tonnes of iron ore in the Pilbara.

Australasian scores cash, tonnage Australasian scores cash, tonnage Australasian scores cash, tonnage Australasian scores cash, tonnage Australasian scores cash, tonnage

Australasian’s wholly owned subsidiary International Minerals already holds the right to mine 1Bt of magnetite from the Balmoral South iron ore project, owned by Mineralogy.

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