Gallagher invests in Strike Resource Limited

Gallagher Holding Limited, an investment company representing the interests of the owner of Russia's largest iron ore producer Metalloinvest Holding (Metalloinvest), Alisher Usmanov, has announced that it has agreed to invest up to $100 million in Australia-based mineral exploration and development company Strike Resource Limited (Strike) to be used for the development of projects in Peru.
 
The projects in question include a 20 million mt per annum iron ore project in Peru and the one-two million mt per annum Curco Limp project, also located in Peru.