IMX managing director Duncan McBain said the contracts formalise the arrangements outlined in the heads of agreement signed last December.
“The agreements mark the further evolution of the project.
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DIVERSIFIED resources company IMX Resources has inked two major agreements with Chinese partner Jilin Tonghua Iron and Steel Mining Co over the sale of run-of-mine iron-copper ore from the Cairn Hill project in South Australia and the conditions of the first right of purchase of the processing plant in China.
IMX managing director Duncan McBain said the contracts formalise the arrangements outlined in the heads of agreement signed last December.
“The agreements mark the further evolution of the project.