(Bloomberg) -- Cia. Vale do Rio Doce, the world's
biggest iron ore producer, agreed to explore for uranium in
Western Australia state with Dioro Exploration NL.
Vale signed an accord to spend A$4 million ($3.5 million)
over four years to earn 60 percent of the uranium rights in
Dioro's Kunderong and Kennedy projects, Perth-based Dioro said
today in a statement to the Australian Stock Exchange. Vale will
spend a minimum of A$800,000, it said.
Read more at Bloomberg Emerging Markets News
biggest iron ore producer, agreed to explore for uranium in
Western Australia state with Dioro Exploration NL.
Vale signed an accord to spend A$4 million ($3.5 million)
over four years to earn 60 percent of the uranium rights in
Dioro's Kunderong and Kennedy projects, Perth-based Dioro said
today in a statement to the Australian Stock Exchange. Vale will
spend a minimum of A$800,000, it said.
Read more at Bloomberg Emerging Markets News
1 comment:
This means some company is going to having a nice day on the stock market.
Uranium Investing Report
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