Jun 13, 2016Citic digs in as Sino Iron shows promise, finally. For years, Citics $12 billion Sino Iron project in Western Australias Pilbara region has been derided as a white elephant, a costly foray by a naive Chinese company into a mine that has produced more lawsuits than iron ore. Now, however, with the massive project finally starting
Jul 31, 2015Citic has swept the project under the carpet. Size worked here. If Sino Iron was a bad apple in a basket of fruit, the acquisition of the parents grandiose business has turned the basket into a supermarket. The bad apple can no longer be seen.
Oct 28, 2016CITIC Pacific Mining Corporate Video. CITIC Pacific Mining is a wholly owned subsidiary of Hong Kong listed company CITIC Limited. CITIC Pacific Mining Sino Iron project CITIC Pacific
SIP was designed to be the biggest magnetite ore producer in Australia with an annual production capacity of 24 million tons of iron ore concentrate. The original expected cost of the project was estimated to be US$2.5 billion with the first production line in operation in early 2009 (CITIC Pacific
Sino Iron. CITIC Pacific Minings Sino Iron project is a world class, large scale magnetite iron ore project, the first of its kind in Western Australia. It is bringing innovative, new mining processes to this country and is the first iron ore project to include large scale downstream processing.
Citic Pacific's Sino Iron Ore Project in the Pilbara. Posted November 24, 2017 184229. Citic took control of the Sino Iron project from Mr Palmer in 2006. Stephen Stockwell ABC. Inside the home of Australia's most notorious jihadist. SPORT An Aussie medal hope missed the final.
Southern Cross awarded contracts at CITIC and Arrow projects. SCEE, which has an established working relationship with CITIC, will provide electrical and maintenance services at the Sino Iron project over the next three years. An iPipe contract with Arrow will encompass specialised electrical and overhead line installation of gas and water gathering systems in the Surat Basin and Bowen Basin.
Oct 09, 2015Sino Iron Cost Hits $12 billion, A 300% Blow Out For China's Citic Group. For its owner, the giant trading company Citic (formerly known as Citic Pacific ) the Sino Iron project is both an embarrassment and a financial black hole which is sucking in billions of dollars with no sign of ever spitting out a profit. At the latest count Sino Iron's
Sino Iron Project Facts. The Sino Iron project is 100% owned by CITIC Pacific, which acquired the rights to extract two billion tonnes of magnetite iron ore resource from its mine at Cape Preston, 100 kilometres southwest of Karratha in Western Australias Pilbara region. The project currently has a mine life of 25 years. CITIC Pacific has options
Nov 09, 2016CITIC Pacific Mining Sino Iron project Life On Site CITIC Pacific Mining Sino Iron. Loading Unsubscribe from CITIC Pacific Mining Sino Iron? Cancel Unsubscribe.