20
Jun
04:24
MinRes to cease Yilgarn Hub iron ore operation
Australian miner Mineral Resources (MinRes) will shut down its Yilgarn Hub iron ore operations in Western Australia by end of the year, Kallanish notes.
The firm says in a statement that the decision was made following the completion of a comprehensive assessment of its viability.
Having carefully considered all options, the assessment confirmed continuity of the Yilgarn Hub is not financially viable beyond the end of calendar year 2024. As a re…
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