Arrium restructures to keep mining

MINER and steelmaker Arrium has outlined lower earnings, higher debt, more impairments and a cost reduction plan to keep its South Australian iron ore operations afloat.

Arrium restructures to keep mining Arrium restructures to keep mining Arrium restructures to keep mining Arrium restructures to keep mining Arrium restructures to keep mining

The company already mothballed its Southern Iron operation this year in the wake of the slump in the iron ore price.

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