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Garnet garners dividends at Tormin

MINERAL Commodities says it may add up to $US20 million ($A21.3 million) in annual revenue after securing an offtake deal for a by-product at the Tormin mineral sands mine in South Africa.

Justin Niessner
Garnet garners dividends at Tormin

The news pushed Mineral Commodities shares almost 18% higher today. Perth-based GMA Garnet Group has signed on to buy 150,000-240,000 tonnes per annum of garnet concentrate from the recently commissioned...

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