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Recently, the Australian iron ore developer MurchisonMetalsLtd (Murchison) announced interim financial report world pie network information . As of December 31, 2010, the first half of this fiscal year net profit of $ 3 World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor .3 million the previous year's net loss of $ 20.3 million.
Up to now, Murchison 'and Japan's Mitsubishi Development Corporation has invested over 370 million Australian dollars for the JackHills, and OakajeePortandRail (OPR) project development in central and western regions iron ore port and associated rail infrastructure.
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earnings data reflect the good trend of the price of iron ore in the first half and Murchison company and Japan's Mitsubishi Development Corporation (Mitsubishi, Japan's subsidiaries) operated by a 50:50 stake joint venture of CrosslandsResourcesLtd (Crosslands) JackHills an iron ore project in central and western regions of Western Australia capital flow is abundant.