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BRIEF-Alderon Enters Strategic Partnership With Schneider Electric To Develop Its Premium-Quality Kami Iron Ore Project

Published 2019-01-09, 07:52 a/m
© Reuters.  BRIEF-Alderon Enters Strategic Partnership With Schneider Electric To Develop Its Premium-Quality Kami Iron Ore Project
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Jan 9 (Reuters) - Alderon Iron Ore Corp IRON.TO :

* ALDERON ENTERS STRATEGIC PARTNERSHIP WITH SCHNEIDER ELECTRIC TO DEVELOP ITS PREMIUM-QUALITY KAMI IRON ORE PROJECT

* ALDERON IRON ORE - MOU PROVIDES FOR KAMI LP TO EVALUATE LEASE OR PURCHASE OF EQUIPMENT FROM SCHNEIDER ELECTRIC FOR USE IN KAMI IRON ORE PROJECT

* ALDERON IRON ORE CORP - SIGNED A MEMORANDUM OF UNDERSTANDING WITH SCHNEIDER ELECTRIC CANADA INC.

* ALDERON IRON ORE CORP - MOU ALSO PROVIDES THAT SCHNEIDER ELECTRIC WILL ASSIST KAMI LP IN ITS CAPITAL RAISING EFFORTS

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