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Peko miner Elmore in $45M magnetite mission

Pre-payment and life of mine offtakes, solves balance sheet issues for NT iron ore mine

Haydn Black
Elmor's Peko plant

Elmor's Peko plant

It has signed a terms sheet with its offtake partner Royal Advance for a minimum $32.5 million for a pre-payment loan on magnetite production and a life of mine offtake agreement over the expected 6.5...

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