Palladon inks iron ore supply pact with CKI

摘要

Salt Lake City-based Palladon Iron Corp, a subsidiary of Palladon Ventures, has signed a long-term sales agreement for iron ore fines with Beijing-based China Kingdom International Minerals & Metals (CKI), an iron ore importer with steel industry customers. Financial terms of the deal were not disclosed. Donald Foot, Palladon Ventures' president and chief executive officer, said contracting with CKI offers Palladon access to customers the company could not have achieved on its own.