• 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

Seven countries call for EU action to help steel i...
Finance and economy
09 Feb 2016 16:44
Peru Aceros Arequipa announces its net income grow...
Finance and economy
02 Feb 2016 11:01
Germany metals turnover fall in last November m-o-...
Finance and economy
01 Feb 2016 10:20
South Africa basic PPI rises in last December ...
Finance and economy
01 Feb 2016 10:16
U.S. Steel Corp. announces its revenues fall in Q4...
Finance and economy
29 Jan 2016 11:45
Most Popular