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Fortescue Closer to Kings Restart with BC Iron Deal

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Byline: Sarah-Jane Tasker Dec 10, 2012 (The Australian - ABIX via COMTEX) -- BC Iron has increased its stake in the Nullagine iron ore joint venture to 75%, after Fortescue Metals Group agreed to sell half of its 50% share. BC will raise between $A54m and $A58m in equity to fund the deal and will ... (Publication: Australasian Business Intelligence)

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