ENVIRONMENT

Sino Iron sounds another closure warning

LITTLE more than one year ago CITIC Pacific Mining warned it may have to close its Sino Iron magnetite project at Cape Preston in Western Australia by the end of 2017. Now its CEO Chen Zeng is warning that the project’s end may well be nigh again and Clive Palmer is still the problem.

Tailings troubles may cause the Sino Iron project to close.

Tailings troubles may cause the Sino Iron project to close.

He told a business breakfast yesterday that the problem remained the mine continuation proposals CPM is trying to get approval for. Zeng says these MCPs will allow it to expand into additional areas...

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