30
Aug
03:43
Mineral Resources seals Onslow Iron project deal
Australian miner Mineral Resources has sealed a deal with its Red Hill Iron joint venture (RHIOJV) partners to develop the first stage of the Onslow iron ore project. This has total planned capital expenditure of about AUD 3 billion ($2.07 billion), Kallanish notes.
Both parties have made an unconditional final investment decision to develop the RHIOJV iron ore assets as part of Mineral Resources’ Ashburton hub development and have executed a binding …
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