Moly Mines ships first cargo of Australian iron ore to China

Dec 30, 2010 | 10:12 AM |

Moly Mines Ltd. has shipped the first 54,500 tonnes of iron ore from its Spinifex Ridge iron ore project in Western Australia to China.

The shipment, valued at about $7.9 million, is going to Hanlong Metals Ltd. under a sales agreement that the Perth-based company approved at its shareholders' meeting in....

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