Another iron ore mine suspended

IN another blow for contractor MACA and the Western Australian iron ore sector, Sinosteel Midwest Corporation has announced the early suspension of its Blue Hills operation.

Another iron ore mine suspended Another iron ore mine suspended Another iron ore mine suspended Another iron ore mine suspended Another iron ore mine suspended

Sinosteel will suspend its Blue Hills operations mid-May in response to falling iron ore prices.

The mine will cease operations in mid-May due to the rapid fall in the iron ore price, delays in approvals and a recent reinterpretation of royalties payable.