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Bloomberg: Exxaro bids A$123 million for Territory in iron ore strategy

MINING.com Editor | May 23, 2011 | 9:50 pm Energy Australia Coal Iron Ore 

South African coal miner Exxaro Resources has agreed to pay AUD$123 million for Territory Resources with the goal of producing 10 million metric tonnes of iron ore a year, Bloomberg  reported Monday: Exxaro offered A$0.46 a share for the iron-ore miner...

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