CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
Ausdrill has received a Letter of Intent from Fortescue Metals Group for the award of a mining services contract at Fortescue’s Solomon iron ore project, located in the Pilbara region of Western Australia.
Ausdrill will provide Reverse Circulation (RC) Grade Control and Resource Development Drilling at the Solomon Hub, using up to six drills in order to define the initial three years of ore production. The contract, which is expected to commence in October 2011, will generate approximately A$75million in revenue over 36 months. Read more
