EXPLORATION & DEVELOPMENT

Austeel rejects Pilbara steel mill option in favour of Newcastle

AUSTEEL will no longer proceed with plans for an integrated steel mill project in the Pilbara region of Western Australia, instead deciding to ship the hot briquetted iron to Newcastle.

MiningNews.Net

Austeel chief executive officer John Elmore said the company would continue with its $3 billion mining and processing project in WA, located at Cape Preston about 80km south of Dampier. The HBI will now...

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