Nevada Iron Ltd. - Sale of Used Rod Mills
![Nevada Iron Ltd. - Sale of Used Rod Mills](https://www.minenportal.de/media/goldseiten-news.jpg)
The mills were purchased by previous management in October 2011 and have remained in storage in Arizona since that time.
The current Board of Nevada Iron Ltd. has determined that given the increase in scale of the Buena Vista Iron Project the mills were superfluous to the Company's needs and in August 2012 initiated a worldwide sales programme.
As at 30 June 2013, the carrying value of the mills in the financial statements of the Company was written down to zero.
Michael Higginson
Company Secretary
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Contact
Nevada Iron Ltd.
Level 2, 85-91 Havelock Street
West Perth WA 6005
PO Box 315 West Perth WA 6872
Tel: +61 8 9481 2006
Fax: +61 8 9481 0052
www.nv-iron.com