CuDeco inks steel supply deal

Company News

Mineral explorer CuDeco Limited (ASX:CDU) has inked a deal with China’s Sinosteel Corporation for the supply of structural steelwork.

The steelwork will facilitate the development and construction of CuDeco’s Rocklands Copper Project, near Cloncurry in Queensland.

The latest supply deal covers 100 per cent of the structural steel supply requirements for the mineral processing plant.

In the first half of the 2012 financial year, CuDeco swung to a profit of $1.1 million.


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