Murchison sells rocklea ore project for 3.2 million dollars

摘要

Murchison Metals has sold its Rocklea iron ore project in Western Australia to China-backed Dragon Energy for 3.2 million Australia dollars (3.26 million US dollars), marking the last significant asset sale before the Australian company is terminated. The Perth-based company said it would record an impairment write-down of around 8.8 million Australia dollars on Rocklea, which is believed to be worth closer to 12 million dollars.