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18 Oct
10:56

BC Iron gets expansion approval

Australia’s BC Iron has received approval from the Environmental Protection Authority for its Iron Valley expansion project. The approval is timely as the project is key to revenue and comes just before the firm raises capital, Kallanish notes. The project would extend existing mining pits and start a new pit and the company is also considering investments in improving logistics for the mine and possibly beneficiating some ore. Iron Valley has an ore reser…
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