June 19 (Reuters) - Mineral Resources Ltd (MIN) :
- YILGARN HUB UPDATE
- ASSESSMENT CONFIRMED CONTINUITY OF YILGARN HUB IS NOT FINANCIALLY VIABLE BEYOND END OF CALENDAR YEAR 2024
- APPROXIMATELY 1,000 EMPLOYEES WILL BE IMPACTED
- CEASE YILGARN HUB IRON ORE SHIPMENTS BY 31 DECEMBER 2024
- MINRES HAS MADE DIFFICULT DECISION TO CEASE YILGARN HUB IRON ORE SHIPMENTS BY 31 DECEMBER 2024
- YILGARN HUB OPERATIONS WILL SAFELY RAMP DOWN IN A STAGED APPROACH OVER NEXT SIX MONTHS
- TO CEASE YILGARN HUB IRON ORE SHIPMENTS BY 31 DECEMBER
- MINING OPERATIONS AT YILGARN HUB WILL THEN TRANSITION INTO CARE AND MAINTENANCE FROM EARLY 2025
- UP TO 4 MILLION WMT EXPECTED TO BE SHIPPED BY CY-END FROM YILGARN HUB
(([email protected];))
News: MIN Mineral Resources Announces Yilgarn Hub Update
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