PROJECT FINANCE

BC Iron wins another backer for Nullagine

WITH a company-changing joint venture already in the bag, iron ore hopeful BC Iron has nabbed $US50 million ($A54 million) in funding and a major offtake deal for its Nullagine iron ore project.

Kate Haycock

BC Iron wins another backer for Nullagine

The project, a 50:50 joint venture with iron ore miner Fortescue Metals Group, will now supply 20 million tonnes of iron ore over the next 8.5 years to a Hong Kong-based industrial company. The Hong...

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