April 13, 2012 at 08:49 AM EDT
UPDATE 1-Alderon to partner with Chinese steelmaker Hebei
April 13 (Reuters) - Canadian exploration company Alderon Iron Ore Corp said Friday it agreed to sell a stake in itself and its Kami iron ore project in eastern Canada to China's top steel producer Hebei Iron & Steel Group for C$194 million (US$195.4 million).
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