Jun 25, 2015
Workers at $10b Roy Hill iron ore mining project owned by Australian billionaire
Workers at $10b Roy Hill iron ore mining project owned by Australian billionaire
CANBERRA: Workers at the $10 billion Roy Hill iron ore mining project owned by Australian billionaire Gina Rinehart face a drop in salaries as a way of preserving jobs as the sector reels from low commodity prices.
Iron ore prices have slumped as much as 70 percent since construction of the mine began four years ago in partnership with South Korean steelmaker POSCO, Japan’s Marubeni Corp and…
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