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Vale, Cyclone Metals sign $138m development agreement for Canada’s Iron Bear project
Under the agreement, Vale will provide up to $138m (789.36m reais) in funding in two phases and may earn a 75% interest in the project, with options to acquire the remaining stake ...
The Mining Journal17h
Cyclone Metals and Vale to jointly develop Iron Bear
Cyclone Metals announced that it signed a binding commercial agreement with Vale to jointly develop the Iron Bear iron ore project in Canada. Under the ...
Anglo's Kumba wants private investors to run key iron ore rail line
JOHANNESBURG (Reuters) -Anglo American's South African iron ore business wants private investors to run a rail line that is crucial for shipments of the steelmaking ingredient to export markets, it ...