Kobe buys into Southdown **UPDATED**

JAPAN’S Kobe Steel has acquired a 9.9% indirect stake in Grange Resources and Sojitz Corporation’s Southdown magnetite project near Albany and will be a project offtake partner.

Kobe buys into Southdown **UPDATED** Kobe buys into Southdown **UPDATED** Kobe buys into Southdown **UPDATED** Kobe buys into Southdown **UPDATED** Kobe buys into Southdown **UPDATED**

Kobe will take a 33% stake in Sojitz’ wholly owned subsidiary Sojitz Resources & Technology, which holds a 30% stake in the project.

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