Referenced Stocks

CITIC's Iron Ore Project in Western Australia Delayed Yet Again

By International Business Times,  August 16, 2012, 02:24:03 AM EDT

The trial production of the $US8-billion iron ore project of China's CITIC Pacific Ltd in Western Australia has again been moved to November, delayed three months later than last announced.

This time the cause of delay was blamed on the failure of the project's main contractor, China Metallurgical Group Corp ( MCC ), to complete the construction of the magnetite iron ore mine project's processing area by the end of August.

Read More on International Business Times




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: MCC



Latest News Video

Duo Arrested in Connection to 60 Burglaries
Duo Arrested in Connection to 60 Bu...
Police Now Involved in Duck Killing
Police Now Involved in Duck Killing
Travis Ford Cooks Burgers, Hot Dogs For Moore
Travis Ford Cooks Burgers, Hot Dogs...
Outlook: 70% Likelihood of 13 to 20 Named Storms
Outlook: 70% Likelihood of 13 to 20...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.21 0.10  0.75%
HPQ $ 24.86 3.63  17.10%
SIRI $ 3.545 0.01  0.28%
MU $ 11.39 0.47  4.30%
MSFT $ 34.15 0.46  1.33%
F $ 14.81 0.16  1.07%
QQQ $ 73.45 0.17  0.23%
GE $ 23.66 0.20  0.84%