BO Types Filter
08.02.2025
Industrial Stainless Steel Plate 201 202 316 Construction Structural Engineering Equipment Foundation ASTM Standard Welding
08.02.2025
ASTM A106/API 5L sch 40 black painted steel seamless pipe
07.02.2025
0.8mm To 2.5mm GI WIRE GALVANIZED STEEL WIRE
06.02.2025
Good Price SHS gi metal Tube Square Rectangular welded steel pipes 2 Inch hollow section galvanized Square steel Pipe Price
05.02.2025
Factory price hot sale 4mm-200mm 301 316L 410L 347 409L S32101 317L Stainless Steel Plate
04.02.2025
High Quality Customized 201 304 304L 316 316L 410 430 Stainless Steel Sheets Plates Price
03.02.2025
Factory Spot Best Price Aisi Astm Sus SS 430 201 321 316 3161 304 Stainless Steel Sheet Plate
31.01.2025
Stainless steel bar 316ti grade 3161/9041/3041 hot rolled and cold drawn
30.01.2025
Hot selling rebar bars at factory prices in China, 8mm, 10mm, and 12mm steel bars
29.01.2025
Hot Sale High Quality 304 3161 stainless steel customized thickness plate good price
Battery Metals, Steel & Metal
- Austria -

MRC in Advanced Talks for Complete Ownership of WA Graphite Project

According to chemanalyst, Mineral Commodities Ltd ("MRC") (ASX:MRC) announced that its wholly-owned subsidiary, MRC Graphite Pty Ltd ("MRCG"), is engaged in good faith negotiations with its joint venture partner, Gold Terrace Pty Ltd ("Gold Terrace"), to reach a commercial settlement regarding MRCG's right to acquire a 90% interest in the Munglinup Graphite Project ("Munglinup").

MRC plans to postpone fulfilling its Earn-in Obligation to provide time for a settlement that would enable MRCG to increase its stake in Munglinup from 51% to 100%. MRCG currently holds a 51% interest in the project under a Joint Venture Agreement with Gold Terrace, who holds the remaining 49%.

According to the Agreement, MRCG can increase its interest from 51% to 90% by completing a Feasibility Study, paying Gold Terrace A$800,000, and issuing 30 million MRC shares. While MRCG asserts it has fulfilled the relevant Earn-in Obligations, Gold Terrace disputes MRCG's right to increase its stake, arguing the Feasibility Study did not meet requirements.

The parties have held meetings to resolve the dispute, and progress has been made in good faith negotiations, which remain ongoing and confidential. If an agreement is successfully executed, it is likely to result in the dispute being resolved and MRCG owning 100% of the Munglinup Project.

To provide time for a potential agreement and obtain regulatory approval, MRC has informed Gold Terrace of a revised completion date of July 6, 2024, to fulfill its Earn-in Obligations.

Iranian Billet Prices Settle at Around $420

Mexico Factory Activity Weakens in January

Malaysia Probes Steel Dumping Allegations from China, South Korea, Vietnam

Masteel Expects Increased Net Loss for 2024

Ferrexpo Faces $3.8 Billion Lawsuit in Ukraine

Severstal Sustains Investments in Cherepovets Despite Industry Challenges

NW European Plate Market Remains Inert

Global Crude Steel Production Sees Mixed Results in 2025

Steel HRC Prices Inch Upward Across Europe

Blastr Green Steel Secures Partner Finance Round for Finnish Low-Carbon Steel Plant

Slovakia Reduced Steel Production by 11.7% Year-on-Year in 2024

Turkey Increased Steel Exports by 27.6% Year-on-Year in 2024

Finland Reduced Steel Production by 3.8% Year-on-Year in 2024

Danieli QSP-DUE Plant Achieves New Milestone with 145-mm-Thick Slab Cast