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End Date for Port Spencer JV Agreements Revised
Centrex Metals of Australia has set a revised end date for joint venture (JV) agreements with Wugang Australia Investment, a subsidiary of a Chinese leading steel manufacturer of Wuhan Iron & Steel (Group), in order to satisfy the outstanding aspects of the agreements singed in 2012. The revise end date is February 15, 2015.

Both companies agreed in March 2012 to set up the JV jointly to design, construct and operate the Port Spencer (formerly Sheep Hill) in South Australia. The site is located northeast of Port Lincoln of the Eyre Peninsula, and that port is the multi-purpose one to export iron ore, grains and so on.
last modified : Mon 08 Dec, 2014 [10:11]
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