Tuesday 14 April 2015

Otmane El Rhazi : SMC’s Blue Hills mine falls victim to price slump, enviro delays

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



The falling iron-ore price has claimed another victim, with Sinosteel Midwest Corporation (SMC) announcing on Tuesday that the company would suspend its Blue Hills operation, in Western Australia, ahead of plan. The mine, which had initially been slated to cease production in October this year, would now be closed by mid-May.

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