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Citic’s Sino Iron project has been plagued by cost overruns and delays. Photo: Tony McDonough

Pellet prices put Sino, Karara in play

Before the unexpected (and perhaps unsustainable) rise in the price of iron ore, a more interesting trend was developing in the mineral that could put a spring under one of Western Australia’s most heavily criticised projects, and an equally criticised businessman and (one-time) populist political novice.

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WA export revenue

10th↑South32$1.70bn
11th↑Mineral Resources$1.50bn
12th-CITIC Pacific Mining$1.20bn
13th-Atlas Iron$871.0m
14th↑Cliffs Natural Resources$813.0m
49 exporters ranked by WA export revenue most recent financial year

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