Emergent Resources will seal a $205 million deal with a Chinese company next week that will pair the companies over the Beyondie iron ore project in the Mid West.
West Perth-based Emergent Resources will pay up to $6.8 million to De Grey Mining to acquire the remaining 20 per cent interest it does not own in the Beyondie magnetite iron project in the Mid West.
Iron ore hopeful Emergent Resources has entered a $205 million deal with a Chinese firm over the development of the Beyondie magnetite iron project in the Mid West.
