BC terminates Watpac contract

BC IRON has terminated the mining, crushing and screening contract of Watpac at the Western Australian Nullagine joint venture project early as part of an ongoing cost saving strategy.

BC terminates Watpac contract BC terminates Watpac contract BC terminates Watpac contract BC terminates Watpac contract BC terminates Watpac contract

Watpac at BC Iron's Nullagine operations.

Under its rights within the contract BC will make a one-off termination payment to Watpac, with the contractor to continue work on the project until July, when the notice period ends.