Sept 17 (Reuters) - Australian explorer Venture Minerals (VMS) said on Friday it has temporarily suspended operations at its Riley iron ore mine in North West Tasmania due to a plunge in iron ore prices.
The company said it is completing a full review of the mine in response to declining market conditions, as the firm continues to experience a volatile shipping market, mainly because of congestion in Chinese Ports.
News: VMS Australia's Venture Minerals temporarily suspends operations at Riley mine
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