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Sphere dumps $900M iron ore project

THE low iron ore price has forced Glencore subsidiary Sphere Minerals to scrap development plans ...

Andrew Duffy
Sphere dumps $900M iron ore project

The move comes after work on the project slowed down last year, with Sphere demobilising the construction contractor in November. Iron ore prices in China were about $US80 ($A105) a tonne when a review...

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