Ironveld fires up new plan for metals production

Miner strikes deal to buy smelter, but still needs to solve cash conundrum
Thursday 20 Apr 2017 Author: Daniel Coatsworth
South Africa-based Ironveld ( IRON:AIM ) believes it has made a breakthrough in its quest to become a metals producer after striking a deal to buy a 7.5 megawatt smelter. The company hopes to start production early next year of high purity iron, vanadium and titanium. It just needs to clear one more hurdle which is to raise cash to help fund the acquisition, do refurbishment work and provide...

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