Articles Tagged "Iron Company News"

Alderon Iron Ore Enters Off-take Agreement with Glencore

Iron – Alderon Iron Ore Corp. (TSX:ADV,NYSE MKT:AXX) announced that its affiliate, the Kami Mine Limited Partnership, has entered into an off-take agreement with a subsidiary of Glencore plc (LSE:GLEN). Under the terms of the agreement, Glencore will acquire all production from the Kami Project that has not been allocated to Hebei Iron and Steel Group (SHE:000709).

Alderon Iron Ore Completes Required Engineering to Begin Construction at Kami Iron Ore Project

Iron – Alderon Iron Ore Corp. (TSX:ADV,NYSE MKT:AXX) reported that The Kami Mine Limited Partnership, an affiliate of Alderon, has finished the engineering work needed in order to commence construction at the Kami Iron Ore Project in western Labrador. The commencement of construction will still be subject to the completion of Alderon's financing plan as well as to project sanction by the Board of Directors of Alderon.