METS

CITIC terminates contractor, locks out workers

CHINESE-owned CITIC Pacific has broken a contract with the company charged to construct the power station at its $US5.2 billion ($A5.27 billion) Sino iron ore project in the Pilbara after earlier today locking out 250 workers from the site.

MiningNews.Net
CITIC terminates contractor, locks out workers

The contract was with the Australian subsidiary of European company Austrian Energy and Environment. In a statement, CITIC cited the company’s “failure to meet its material obligations under its contract”...

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