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Australia’s Genmin signs MoU with Chinese firm to supply iron ore products

Reuters | August 10, 2023 | 3:50 pm Australia China Iron Ore

Credit: Genmin

Australia’s Genmin signed a memorandum of understanding with China’s Hunan Valin Steel to sell and deliver 2.4 million tonnes per annum of iron ore products for two years from its Baniaka project in west Central Africa, the iron ore miner said on Friday.

(By Ayushman Ojha; Editing by Anil D’Silva)