Chinese Rockcheck Steel Group and its natural resources company, Falcon have bought 85 percent stocks of Australian Aurox Resources Limited.

Aurox has signed a long terms supply agreements with Rockcheck Steel Group and Chengde Steel for 15 years. The annual supply quantity for each company is about 3 million tons.

Aurox is planning to extend production lines to meet the strong demand, meanwhile, the company is also in progress the Balla Balla project in East-Australia.