Can Deterra Royalties (ASX:DRR) Diversify Beyond Iron Ore?
Highlights A copper royalty in Arizona has been added to a portfolio anchored by iron ore The acquisition is being funded from existing debt facilities Lower forecast iron ore earnings sharpen the case for diversification Deterra Royalties (ASX:DRR), the royalty company best known for its iron ore royalty over BHP's Mining Area C in the Pilbara, has acquired a royalty over the Santa Cruz copper project in Arizona, a move that adds an another core asset to a portfolio long dominated by iron or...
