CAPITAL MARKETS

India eyes $A500M contract

INVESTORS smiled on India Resources yesterday, with its share price surging almost 30% on news the company is eyeing a 30-year deal with a group of Indian sponge iron manufacturers, potentially valued at around $A500 million.

MiningNews.Net

India eyes $A500M contract

West Perth-based India announced the signing of a letter of intent with Bankura DRI Mining Manufacturers Company, a special-purpose vehicle set up by six sponge iron manufacturers to mine coal from the...

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