Aussie deal inked
By Pan Xiaoyi |
April 23, 2010, Friday
|
Print Edition
Print Edition
SINOSTEEL Corp, China's largest iron ore importer, has inked a purchasing deal worth A$6.5 billion (US$6 billion) with Australia's Brockman Resources.
Bejing-based Sinosteel agreed to buy a maximum of 10 million tons yearly from Brockman's flagship project in Western Australia over an initial five-year off-take period. The amount accounted for up to 50 percent of future output at the site.
"Our company is keen to cooperate and partner with Australian companies with credible projects seeking to leverage our capability to supply raw materials for China's steel industry," said Li Ying, Sinosteel Australia's managing director.
Bejing-based Sinosteel agreed to buy a maximum of 10 million tons yearly from Brockman's flagship project in Western Australia over an initial five-year off-take period. The amount accounted for up to 50 percent of future output at the site.
"Our company is keen to cooperate and partner with Australian companies with credible projects seeking to leverage our capability to supply raw materials for China's steel industry," said Li Ying, Sinosteel Australia's managing director.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
