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Corporate Directory

Corporate Office
Iron Road House
Level 6, 30 Currie Street
Adelaide 5000
South Australia

Postal Address
GPO Box 1164
Adelaide 5001
South Australia

Telephone (+61 8) 8214 4400
Facsimile (+61 8) 8214 4440
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website
www.ironroadlimited.com.au

Registered Office
Iron Road House
Level 6, 30 Currie Street
Adelaide 5000
South Australia


ABN 51 128 698 108

Directors
Peter Cassidy - Chairman
Julian Gosse - Non-executive Director
Ian Hume - Non-executive Director
Jerry Ellis - Non-executive Director
Leigh Hall AM - Non-executive Director
Andrew Stocks - Managing Director

Company Secretary
Jarek Kopias

Share Registry
Security Transfer Registrars
770 Canning Highway
Applecross 6153
Western Australia

Telephone (+61 8) 9315 2333
Facsimile (+61 8) 9315 2233
Email This email address is being protected from spambots. You need JavaScript enabled to view it.

ASX Code
IRD

 

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Project News

Sustained Policy Moves By Chinese Government Accelerating Steel Industry Transition To Higher Quality Raw Materials

Tuesday, 21 February 2017

Second Round of CEIP Debt Financing Discussions being held in Beijing this week

There is growing support for our CEIP project to supply high-quality, lower-emission ore to Chinese steel mills facing stricter environmental rules as the attached article in today’s China Daily suggests:

http://www.chinadaily.com.cn/business/2017-02/20/content_28261675.htm

With reports that China plans to invest 2.5 trillion yuan ($365 billion) in renewable energy through 2020 to reduce greenhouse gases and is seeking to curb emissions by iron and steel producers, there is clearly a need for the CEIP’s product.

Mills are being compelled to upgrade their plants or cease operations if they fall short of standards, according to Bloomberg Intelligence.
Managing Director Andrew Stocks said that the policy moves in China support the CEIP’S high grade iron road product and the Company will be meeting with financiers in Shanghai and Beijing over the coming months.

“The consistent high quality nature of our product will deliver significant and compelling advantages as we seek to meet the growing high end supply gap in the iron ore market.

I very much look forward to building a Project that will become a trusted and reliable supplier of premium iron concentrates to the Asian marketplace.”

Read the full China Daily story here

 

 

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