CHINA INVESTS IN IRON ORE SUPPLY COMPANY

Chinese iron and steel producer

pays $17.4m for 10% of Noront

Prince Edward Island Guardian, 2 Jun 2011

A subsidiary of Chinese iron and steel producer Baosteel has invested $17.4 million to acquire around 10 per cent of Noront Resources Ltd., a Canadian Ontario-based mineral exploration company.

Sourced & published by Henry Sapiecha

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