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12 Oct
12:39

Tombador Iron temporarily halts operations in Brazil

Australia-based Tombador Iron Limited (TIL) is temporarily halting production at its high-grade Sento Sé open-pit iron ore mine in Brazil. The decision is driven by market conditions and external factors, including increased transport costs and other inflationary pressures, which impact the company’s financial performance, Kallanish understands. “The suspension of activity will allow us to thoroughly evaluate the economic viability of the projec…
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