• 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

Indonesia’s steel import value falls in May...
Finance and economy
03 Jul 2015 13:34
General Cable sells Asian operations ...
Finance and economy
01 Jul 2015 12:31
Mechel posts net loss for Q1...
Finance and economy
25 Jun 2015 09:33
Japan crude steel output keeps falling for 9 month...
Finance and economy
23 Jun 2015 16:43
Gerdau expects Brazilian steel market to resume in...
Finance and economy
19 Jun 2015 09:23
Most Popular