CAP 2.27% 4.3¢ carpentaria resources ltd

Sept 19 (Reuters) - Carpentaria Exploration: Letter of intent...

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    Sept 19 (Reuters) - Carpentaria Exploration:

    • Letter of intent Formosa Plastics Group
    • LOI for the purchase of 2 million tonnes per annum (MTPA) of hawsons iron project supergrade iron ore concentrate
    • Formosa Plastics Group signs non-binding letter of intent
    • Intends to use Australian resources to support its growth in steel production, which is expected to reach 7.5mtpa by 2020
    • Formosa to buy 2 mtpa of supergrade iron ore concentrate from hawsons iron project, NSW for initial 10-year period
 
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