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Deep Yellow, Rio enter iron deal

5-November-09 by Rebecca Lawson

Uranium play Deep Yellow could potentially enter into an offtake agreement with the Rio Tinto-backed Rossing Uranium to supply iron from its INCA deposit to the Namibian uranium operation.

Subiaco-based Deep Yellow said it has signed an agreement with Rossing Uranium, which is majority owned by Rio Tinto, to investigate the potential of supplying ferric iron to the Rossing uranium operation and enter into a commercial offtake agreement.

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