Citic Pacific’s Aussie iron-ore mine delayed again as profit drops 19 percent
Project delayed three years and over budget at least three times its original estimate.
Steel-to-property conglomerate Citic Pacific has warned of the possibility of further delays in commissioning the second production line of its over-budget iron-ore project in Australia, after posting a lower interim profit.
Read the full story here.
Comments
No comments yet.
