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Centrex Metals has completed the financial close on its Bungalow magnetite joint venture with Baotou Iron & Steel Group. Centrex has transferred 10 per cent of the rights for the iron ore project and Baotou has transferred $8 million into the Bungalow joint venture.
Centrex Metals has completed the financial close on the Bungalow magnetite joint venture with Baotou Iron & Steel Group. Centrex has transferred 10 per cent of the rights for the iron ore project and Baotou has transferred $8 million into the Bungalow joint venture.
Staff reporter
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