Admiralty signs iron ore agreement

ADMIRALTY Resources has signed a $US65 million ($A81.6 million) agreement with Chinese manufacturers Wugang Group over the sale of iron ore from its Santa Barbara mine in Chile.

Admiralty signs iron ore agreement Admiralty signs iron ore agreement Admiralty signs iron ore agreement Admiralty signs iron ore agreement Admiralty signs iron ore agreement

The agreement covers an eight-month period starting from next month and finishing at the end of September, and will see some 940,000 tonnes of iron ore shipped.

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