• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

China Armco Metals buys 19.9% stake in Apollo Minerals

  • A
  • A
  • A
China Armco Metals Inca has taken about up to 19.9 percent by entering into a Subscription Agreement with iron ore junior Apollo Minerals in total subscription of A$4.3 million.

Apollo has the exploration rights of three mineral tenements at Mount Oscar in the region of Western Australia, where has rich iron ore deposit.

Currently Apollo has signed an offtake agreement that it sell to Armco not less than 15 percent from its Mount Oscar iron project.
News Date 09 Jun 2010 16:49:20 reported by Judy Lin

Outokumpu reports net loss in Q1...
Finance and economy
29 Apr 2016 11:52
Turkish Erdemir profits drop in Q1...
Finance and economy
28 Apr 2016 13:31
Salzgitter posts pre-tax profit in H1...
Finance and economy
28 Apr 2016 11:46
Sandvik’s net profits up in Q1...
Finance and economy
28 Apr 2016 11:43
Brazilian posts Q1 net loss...
Finance and economy
28 Apr 2016 11:15
Most Popular