13/02/2012 - 15:16

Fortescue, IOH ink iron ore agreement

13/02/2012 - 15:16

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Andrew Forrest’s Fortescue Metals Group will pay Iron Ore Holdings $25 million for the exclusive option to mine the Iron Valley and Weelli Wolli tenements in the central Pilbara, in a deal that could potentially be worth up to $650 million for IOH.

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