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Transshipping is used at Citic's Sino Iron magnetite mine. Photo: Tony McDonough

Citic warns of Sino suspension in Mineralogy dispute

Chinese company Citic has recorded a first-half loss at the Sino Iron magnetite mine in the Pilbara, while warning that the ongoing tussle with tenement holder, Clive Palmer’s Mineralogy, means production at the project could eventually be suspended.

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WA export revenue

7th-Alcoa of Australia$5.50bn
8th-Roy Hill Holdings$5.16bn
9th↑CITIC Pacific Mining$2.40bn
10th↑South32$2.40bn
11th↓CBH Group$1.50bn
50 exporters ranked by WA export revenue most recent financial year

Number of Employees