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Chinese bank supports Balmoral South

IRON ore play Australasian Resources is a step closer to financing and developing its Balmoral South iron ore project in Western Australia’s Pilbara after senior officials from Beijing-based Export Import Bank (EXIM) threw their support behind the project.

MiningNews.Net
Chinese bank supports Balmoral South

The company said EXIM Bank representatives confirmed to Australasian Resources managing director Andrew Caruso, during discussions in Perth last week with steel-maker Shougang Corporation, their interest...

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