25
Jun
12:15
Frances Creek resumes iron ore shipments
The Frances Creek mine in Australia's Northern Territory shipped the first iron ore last week since the project was suspended in 2015 due to low iron ore prices, Kallanish notes.
Australian mining and services company NT Bullion shipped around 30,000 tonnes of iron lump from Darwin last week. The mine has a capacity of 2-3 million tonnes/year.
NT Bullion purchased the plot from Gold Valley Holdings last year and used X-ray technology to s…
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Anonymous
Very good overview of the weekly steel market.
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