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Chinese steel company to pump $194 million into Alderon's Kami iron ore project

Andrew Topf | April 13, 2012 | 7:16 pm Canada China Europe Iron Ore 

Alderon Iron Ore Corp saw a 2% bump in its stock price Friday on news that the Canadian iron ore junior has inked a CAD$194 million agreement with China's largest steel producer. Hebei Iron & Steel Co. will invest the funds...

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