Monday 17 August 2015

Otmane El Rhazi : West Pilbara capex estimate cut by A$1.5bn

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

The joint venture (JV) partners over the West Pilbara iron-ore project had identified a A$1.5-billion, or 25%, reduction in preliminary capital costs required for the development of the project. A 2012 study estimated that the Stage 1 operation would require a capital investment of A$5.7-billion.

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