Radar finds its target in Brazil

摘要

Just like the Socceroos, Radar Iron Ltd is on its way to Brazil. However, with the Socceroos pitted against two of the best teams at the 2014 FIFA World Cup - Spain and Netherlands - it is unlikely that the Australian football team's stay in the South American nation will be quite as long as Radar's. Shortly after appointing corporate advisors (Sydney-based Lusona Capital) to assist in scoping acquisition opportunities in Latin America, Radar successfully negotiated to take a 50% stake in the Uruara iron ore project and is looking towards production in 2016.