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Cape Lambert offloads namesake project for $400m

Chinese investment in Western Australia's iron ore sector has increased further, with Cape Lambert Iron Ore Ltd agreeing to sell its namesake project in the Pilbara to China Metallurgical Group Corporation for $400 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
123rdCalidus Resources100%-24%
424thCape Lambert Resources3%-14%
503rdPrairie Mining-6%12%
509thToro Energy-7%-19%
651stBuxton Resources-30%-6%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

30/05/18
$17k Bought
13/04/18
$19k Bought
11/11/16
$60k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

81st↑Cape Lambert Resources$3.0m
102nd↑Calidus Resources$1.7m
104th↓Prairie Mining$1.6m
107th↓Toro Energy$1.6m
108th↑Buxton Resources$1.5m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Cape Lambert Resources

36thTony Sage$730k
448thMelissa Chapman$277k
thEloise von Puttkammer$187k
Ranked by total remuneration from all listed WA companies

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