Citic Pacific warns A$15.8bn Sino project is in jeopardy

June 29, 2017

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The future of the A$15.8-billion Sino iron project, in Western Australia, could be in jeopardy as the approval of the mine continuation proposal is delayed.

China-owned Citic Pacific Mining has said the expansion, which would ensure sufficient space for waste, tailings and stockpile facilities, is critical. However, the plan has to be signed off by Clive Palmer’s Mineralogy.

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