You are here

A$7.4b Baosteel-led iron ore project delayed


A CHINESE-LED A$7.4 billion (S$7.8 billion) iron ore project in Western Australia looks to be the latest casualty of the price decline, with Wood Mackenzie Ltd estimating it's unlikely to begin output before 2020.

"Mindful of the volatility in the iron ore market," the

Market voices on: