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Offtake gives Pluton confidence to move to next stage

BEDDING down an offtake deal for iron ore pre-concentrate from its proposed flagship Irvine Island project in Western Australia and a $A30 million share placement, Pluton Resources can now proceed with certainty to the next stage of its development.

MiningNews.Net
Offtake gives Pluton confidence to move to next stage

That being completion of a definitive feasibility study before a final investment decision and first production by late 2013 or early 2014. The deal finalises a funding agreement struck in August with...

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