CAPITAL MARKETS

Union's zinc feasibility underway in Iran

QUEENSLAND based Union Capital has launched its US$3 million feasibility study into the staged development of the Mehdiabad zinc, silver and lead project in Iran with a view to having a 25,000-50,000 tonnes per annum zinc operation in production by 2006.

Brad Ricks

Union's zinc feasibility underway in Iran

Managing director Rob Murdoch said the joint venture partners in the project, the Iranian Government (50%) and Itok (18%) and Union, are looking to get the project into production by 2006 to take advantage...

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