Magnetite Mines Ltd (ASX:MGT) CEO Tim Dobson tells Proactive the company has signed a non-binding Memorandum of Understanding with Pacific Partnerships - a subsidiary of CIMIC Group. The purpose of the agreement is to support the development and – potentially – financing of the Razorback Iron Ore Project as well as to establish a foundation for Early Contractor Involvement.
Magnetite Mines welcomes MoU with Pacific Partnerships