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28 Oct
10:51

Roy Hill delays first shipments

Australian newcomer Roy Hill will delay its first iron ore exports to next month. The company had originally said shipments would begin in September, then October, and it has not ruled out further delays, Kallanish notes. The first shipment will now be “…some time in November,” according to chief executive Barry Fitzgerald. The delay may be a minor relief to the iron ore market, which is already well supplied and could be entering a …
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