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24 Feb
14:41

Nullagine suspension adds to BC Iron H1 woes

On a busy day for iron ore miners’ finances, Australia’s BC Iron reported a tough first half of its 2016 financial year, mirroring the situation of its domestic competitor Atlas Iron (see separate article). The iron ore junior says in its outlook that it is assessing its options for the currently suspended mining operation at Nullagine (NJV), its joint venture with fellow miner Fortescue (FMG). This includes the potential to sell low grade iron ore f…
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