Centrex-WISCO JV in South Australia Delayed

Port Lincoln Times reported that the Eyre Iron Magnetite Joint Venture Fusion project at Koppio,  South Australia, has been delayed by one to two years.

As quoted in the market news:

Centrex Metals and joint venture partner WISCO have signed a memorandum of understanding (MOU) to reschedule the project in line with changing iron ore market conditions, with just under $20 million to be spent on a revised pre-feasability study.

Click here for the full article in Port Lincoln Times