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China Chongqing Iron Eyes Australia Ore Assets
The state-owned parent of Chongqing Iron and Steel Co Ltd, a medium-sized Chinese steelmaker, is in talks to acquire an Australian iron ore project, domestic media reported on Friday. The project had prospect reserves of 3 billion tonnes, the government-run Chongqing Evening News reported, citing company executives, without giving further details.
Chinese Investors Group Supports Mining Exploration Projects in Extension Hill
Midwest magnetite project developer Extension Hill Pty Ltd has signed a Letter of Intent with a Chinese investor group comprising Chongqing International Ltd for Economic and Technical Cooperation (CIET) and Chongqing Iron and Steel Group (CQIS).
