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Condor signs Chile Iron and Copper Off-take MOUs

  • Published October 14, 2012 2:51PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Condor Blanco Mines Limited has executed non-binding Memoranda of Understanding (MOU) for near term iron ore and longer term copper off take agreements with Changes investment Guarantee (China) Company and Jiangxi Hongyang Copper Company Ltd (CIG & JCC).

While the key terms of the MOUs are confidential, Condor has agreed on immediate pricing arrangements for the sale of Condor’s iron from Chile-based Marianas Iron tailings project.

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