METAL DETECTIVE

China and Japan at home on the Grange

CHINA and Japan make strange bedfellows in any mining venture. But that is the uneasy alliance behind a renewed push to develop Grange Resources’ Southdown venture, with Rio Tinto lurking behind the curtains as a silent partner. <b><i>The Metal Detective</i>, By Stephen Bell.</b>

Stephen Bell

Grange’s Southdown project near Albany is one of those Western Australian magnetite plays that slipped off the radar when the global financial crisis struck a year ago. But hopes of a $US1.6 billion...

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