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15 Mar
10:40

Hardey iron ore project starts feasibility study

Australia’s long-dormant Hardey iron ore project has started a feasibility study supported by the establishers of its parent company Australian Premium Iron (API), including China’s Baowu and South Korea’s Posco, Kallanish notes. Stakeholders are restarting the project, which was suspended in December 2015 due to iron ore prices hitting a record low, in pursuit of profit amid strong raw material markets. According to an agreement signed last…
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