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    iron investing

    Trafigura, Origo Form Coal/Iron Ore Mongolia J.V.

    Investing News Network
    Nov. 07, 2011 03:20PM PST
    Base Metals Investing

    Reuters reported Trafigura and Origo Partners Plc. (LSE:OPP) have formed a 50:50 joint venture to develop Mongolian coal and iron ore deposits.

    Reuters reported Trafigura and Origo Partners Plc. (LSE:OPP) have formed a 50:50 joint venture to develop Mongolian coal and iron ore deposits.

    As quoted in the market news:

    Trafigura-Origo MGL will invest in a number of already identified Mongolian iron ore and coal exploration projects and target further high-grade deposits, the companies said on Monday in a joint announcement.

    Click here to read the full Reuters report.

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