11
Feb
16:54
Black Rock, POSCO ink deal to boost project
Black Rock Mining Ltd is getting a $7.5 million boost from South Korean steelmaker POSCO Ltd under finalised investment agreements, Kallanish reports.
POSCO will acquire a 15% stake in the Australia-based company, and Black Rock will use the proceeds to fund development activities at its planned Mahenge graphite project in eastern Africa.
Black Rock says it plans to conduct a commercial-scale tests for ore processing to produce commercial-scale customer samples, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous