Sino Iron

Opportunistic local players are stepping up as foreign miners take their leave.

Kerman Contracting has continued its run of success this year, securing a contract to develop new infrastructure at Rio Tinto’s Pilbara iron ore operations and in the process lifting its work in hand to $290 million.

Clive Palmer’s private company, Mineralogy, has backed off from threats to terminate its agreements with China’s Citic Pacific, after Citic went to court seeking injunctions against its estranged business partner.

The big get bigger and the small get crushed.

China’s new coal-quality rules have ruffled feathers in the Australian coal industry.

FEATURE: Having gained notoriety in the 1996 movie Jerry Maguire, the phrase ‘show me the money’ will be heard often, and loudly, in business in Western Australia in coming years as capital inflows become capital outflows and funds become harder-than-ever to raise.

Perth-based engineering groups Kerman Contracting and Monadelphous Group have announced contract wins collectively worth more than $300 million at CITIC Pacific Mining's Sino Iron development near Cape Preston.

Never has the KISS management principle (keep it simple, stupid) been better demonstrated than in the dreadful condition of Western Australia’s mineral processing sector, where crisis is piling on crisis.

After five years in the financial sin bin there is a flicker of hope on the horizon for Western Australia’s magnetite iron ore processing industry, with Gindalbie Metals and Sino Iron in line for a revenue boost emanating from an unlikely source – China’s polluted environment.

Former Leighton Holdings chief executive Wal King has been recruited by Hong Kong-based CITIC Pacific to help deal with problems at its trouble-plagued Sino Iron project.

WHILE the recent period of engagement with China goes back 40 years in diplomatic terms, and well into the 1980s at a trade level, there are plenty of cautionary tales from those doing regular busi

CITIC Pacific Mining has formally confirmed long rumoured problems at its Sino Iron project in the Pilbara, sacking its power station contractor Austrian Energy and Environment.