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China group fired up by Chilalo

RESTRUCTURING graphite junior IMX Resources has found buyers of its stock after a large shortfall in a non-renounceable rights issue, and has signed MoUs with two Chinese companies interested in IMX’s Chilalo project in Tanzania.

Michael Quinn
China group fired up by Chilalo

China Gold Investment and CN Docking are said to be interested in all facets of Chilalo including project equity, financing, EPC and offtake. According to IMX managing director Phil Hoskins, the Chinese...

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