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Another one bites the dust as iron ore mine axed - again

AFTER suspending production at its flagship JWD iron ore mine in October 2021, junior miner CuFe has pulled the same trick 12 months on.

 CuFe's JWD mine near Wiluna has been suspended

CuFe's JWD mine near Wiluna has been suspended

Yesterday, the company delivered a Halloween sting, saying the combination of iron ore prices falling from US$158 per tonne in March to just $82/t and its hedging agreements ending meant the best option...

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