MANAGEMENT

Esperance port gets lifeline with MinRes buying Koolyanobbing

CLEVELAND-Cliffs has agreed to sell its Asia Pacific Iron Ore business to Mineral Resources for an undisclosed sum.

The Esperance port with the iron ore berth in the foreground.

The Esperance port with the iron ore berth in the foreground.

The deal, which essentially involves the Koolyanobbing iron ore mine 50km north of Southern Cross in Western Australia, has been supported by the Western Australian government. Had Cleveland-Cliffs...

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