WISCO, Oz miner ink ore deal
By Jiang Wei | China Daily | Updated: 2009-05-07 08:04
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A WISCO factory floor. CFP |
Wuhan Iron & Steel (Group) Corporation (WISCO) has signed an agreement with Australian Western Plains Resources Ltd (WPG) to invest up to A$45 million ($33.4 million) to set up a 50-50 joint venture for the miner's magnetite deposits in South Australia.
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