Gindalbie inks first deal with Chinese firm

CHINA’S insatiable appetite for iron ore will be partially satisfied after Gindalbie Metals yesterday entered a joint venture with the country’s second-largest steel producer, Ansteel, over the Karara project in Western Australia.

Gindalbie inks first deal with Chinese firm Gindalbie inks first deal with Chinese firm Gindalbie inks first deal with Chinese firm Gindalbie inks first deal with Chinese firm Gindalbie inks first deal with Chinese firm

The deal – the first between Gindalbie and a Chinese company – could underpin the first magnetite mine and pellet plant in WA’s Midwest region.

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