16/12/2011 - 09:30

Atlas sells Balla Balla project for $40m

16/12/2011 - 09:30

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Atlas Iron has sold the Balla Balla magnetite, vanadium and titanium project to Forge Resources for $40 million plus a capped royalty from future production. The Sydney-based company will make an initial payment of $17.5 million by February and a $22.5 million final payment 12 months later.

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