Subiaco-based Aurox Resources Ltd has announced the signing of a second 15-year sales agreement over its Balla Balla vanadium and hematite project, with private Chinese steel mill RockCheck Steel Group Company.
Subiaco-based Aurox Resources Ltd has raised a further $15 million from an offshore institution, after announcing the raising of $75 million through a placement yesterday.
The race is on between two Western Australian companies to become the first of the world’s new primary vanadium producers to go into production in 2007.
