Brief: Venture Minerals Says Management Reviewing Potential Opportunity To Restart Riley Iron Ore Mine

Critica

04/04/2023 23:57

April 5 (Reuters) - Venture Minerals Ltd  VMS.AX :
    * MANAGEMENT IS REVIEWING A POTENTIAL OPPORTUNITY TO RESTART
RILEY
IRON ORE MINE
    * PROCESS OF RE-ASSESSING BOTH AVAILABILITY AND CURRENT COST
STRUCTURE FOR TRUCKING COMPONENT OF OPERATION
    * DISCUSSIONS ARE ONGOING TO MOVE TO A FIXED PRICING
MECHANISM
UNDER OFFTAKE AGREEMENT WITH PROSPERITY STEEL

Source text for Eikon:  ID:nASX4JPkcL 
Further company coverage:  VMS.AX 

 ((Reuters.Briefs@thomsonreuters.com;))