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    Altura Board Approves Mt. Webber

    Investing News Network
    Jul. 08, 2013 10:50AM PST
    Base Metals Investing

    Altura Mining (ASX:AJM) said on Monday that its board has given the okay to proceed with the Mt. Webber DSO project in the Pilbara region of Western Australia.

    Altura Mining (ASX:AJM) said on Monday that its board has given the okay to proceed with the Mt. Webber DSO project in the Pilbara region of Western Australia. The project is a joint venture between Altura, which owns 30 percent, and Atlas Iron, (ASX:AGO) which has 70 percent. First shipments are planned for the second quarter of 2014.

    As quoted in the press release:

    The Mt Webber DSO project will produce 3 Mtpa (million tonnes per annum) of DSO material for sale through the Port Hedland export facility in north-western Australia. 

    Click here for the full Altura Mining (ASX:AJM) press release

    western australiaasx:agoaustraliajoint venturealtura mining
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