OPERATIONS

Insurance windfall for Mt Gibson after plant fire interruption

Business interruption component of claim paid out

Koolan Island Main pit, looking to the east over the completed western end showing haul ramp-repositioning and switchback construction work and the western water management sump, July 2024. Photo courtesy Mt Gibson

Koolan Island Main pit, looking to the east over the completed western end showing haul ramp-repositioning and switchback construction work and the western water management sump, July 2024. Photo courtesy Mt Gibson

Mount Gibson Iron can move on from the August 2022 processing plant fire at Koolan Island after receiving a $27.3 million payout from its insurers for the interruption to its business. The multi-million...

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