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MinRes buys Koolyanobbing

Mineral Resources has acquired Cleveland-Cliffs' Koolyanobbing iron ore operation

Kristie Batten
Koolyanobbing

Koolyanobbing

The formal terms of the agreement were not disclosed but Cliffs said the costs of closing the operation was expected to be reduced by US$65-75 million, based on MinRes assuming certain obligations and...

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