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23 Dec
10:14

Aurizon halts feasibility on West Pilbara project

No material work will be carried out on definitive feasibility studies into Aurizon’s West Pilbara Iron Ore Project, at least until further decisions as to the future of the project are made next year. The project was already effectively on hold as investor steelmakers saw little advantage in developing the resource until prices improve. The announcement suggests the participants do not expect prices to return to an acceptable level for some time to come, Kal…
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