Business
Mineral Sources shuts down iron ore at Yilgarn leaving 1,000 employees within the lurch
Mineral Sources will halt shipments from its Yilgarn iron ore hub by the tip of this yr in a shocking transfer that can have an effect on as much as 1,000 jobs, following what managing director Chris Ellison described as a “prudent however troublesome” choice.
The iron ore and lithium miner introduced the choice to the ASX on Wednesday, saying persevering with the Yilgarn Hub was “not financially viable past the tip of the calendar yr”.
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