Aztec has secured the interest of Chinese and Japanese buyers who are committed to take iron ore produced from the Koolan mine. These commitments by way of Memorandums of Understanding express an interest to acquire up to 2.9 million tones per annum of its high quality iron ore. Aztec has two large Chinese shareholders: CITIC Resources (3%), majority owned by the Chinese Government, and Sinom (4%), a commodity and trading house.
LIO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
