Brief: Ironveld's Unit Enters JV Agreement With Pace SA Ltd

Ironveld

27/01/2023 07:20

Jan 27 (Reuters) - Ironveld PLC  IRONI.L :
    * IRONVELD PLC  - DMS GRADE MAGNETITE JOINT VENTURE
AGREEMENT
    * IRONVELD PLC- UNIT, IRONVELD MINING HAS ENTERED INTO A
JOINT
VENTURE AGREEMENT WITH PACE SA LIMITED
    * IRONVELD PLC- JVA TO PRODUCE AND SELL DENSE MEDIA
SEPARATION
(GRADE MAGNETITE FROM IRONVELD'S MINE IN LIMPOPO, SOUTH AFRICA
    * IRONVELD PLC- FIRST PRODUCTION AND SALES FROM JV EXPECTED
MID
2023
    * IRONVELD PLC- JVA STATES IRONVELD MINING AND PACE WILL
ESTABLISH
A NEWLY INCORPORATED COMPANY TO BE CALLED IPACE PTY LIMITED
OWNED IN EQUAL 50% SHARES

Source text for Eikon:  ID:nRSa0220Oa 
Further company coverage:  IRONI.L 
 ((Reuters.Briefs@thomsonreuters.com;))