Baosteel's Iron Ore Project Is Latest Casualty of Price Collapse

  • No further study to be done on West Pilbara Iron Ore Project
  • Market conditions were `central' to decision, Aurizon says

China’s second-largest steelmaker and its partners are mothballing a proposed iron ore project in Australia, the latest casualty of the market collapse that’s seen prices hit a record low this month.

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