09
Mar
12:19
Roy Hill ramp-up to pick up pace
Australia’s Roy Hill still expects to hit its target output of 55 million tonnes/year by the end of 2016 despite delays and a slow start to the year, according to chief executive Barry Fitzgerald. The mine is not expected to sell many cargos on the spot market but the new capacity is still coming at a time of oversupply, Kallanish notes.
The operation has been running at a rate of around 12m t/y since February when Roy Hill formally took control of the pro…
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Anonymous
Very good overview of the weekly steel market.
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