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Centrex gets Chinese cash injection

IRON ore hopeful Centrex Metals has signed a heads of agreement with Wuhan Iron & Steel Co (WISCO...

Kristie Batten

WISCO is the third-largest steelmaker in China and has an 80% interest in a $US30 billion ($A113 billion) major steel works project in China. Under the deal, WISCO will purchase a 50% interest in Centrex's...

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