West Perth-based iron ore explorer Territory Iron Ltd chairman Michael Kiernan will commence work at the company in an executive capacity after managing director Doug Stewart advised he would retire from the company in late July.
Emerging Western Australian iron ore producer Territory Iron Ltd has signed an agreement with a Chinese steel mill for most of the Frances Creek 2007 iron ore production.
Perth iron ore junior Territory Iron has announced approval for the development of its Frances Creek iron ore mine in the Northern Territory following a preliminary feasibility study, which highlighted the strong economic viability of the project.