06
Sep
10:38
Roy Hill contractor in legal case against BoC
Spain’s Duro Felguera has asked Australia’s Federal Court to force the Bank of China to hand over its correspondence with Dalian Huarui Heavy Industry Group (DHHI). The dispute is the latest to emerge from the troubled construction of the 55 million tonne/year Roy Hill iron ore project, Kallanish notes.
Duro Felguera alleges that BoC warned DHHI that it was about to call in a $21 million bank guarantee on a $200m contract to deliver equipme…
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Anonymous
Very good overview of the weekly steel market.
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