CAPITAL MARKETS

Galt confident SAMAG will get its money

MAGNESIUM International managing director Gordon Galt is quick to distance his company's SAMAG magnesium smelter project from the controversy surrounding Australian Magnesium Corp's $1.3 billion Stanwell project in Queensland, citing major differences between the two.

Brad Ricks

Galt confident SAMAG will get its money

Galt admitted the announcement of a possible $200 million shortfall in construction funding at Stanwell made the job of encouraging investors to look at the South Australian-based project more difficult....

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