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CITIC Pacific starts public war with tycoon Palmer over

07 02 2014  China s CITIC Pacific Ltd slammed Australian billionaire Clive Palmer for halting its long overdue 8 billion Sino Iron project in the country which was

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citic pacific iron ore milling

CITIC Pacific Annual Report 20093 Iron Ore Mining Once built CITIC Pacific s iron ore mine will be the largest magnetite mine in Australia Production is expected to start by the end of 2010 ensuring a stable quality supply of iron ore to CITIC Pacific s special steel plants as well as other steel producers in China.

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citic pacific iron ore milling

citic pacific iron ore milling poney club poucet The Hong Kong based CITIC Pacific controlled by the state owned CITIC Group hoped to begin exporting iron ore in May But grinding mill problems a component in the production of the magnetite found in the far western Australian deposits forced delays costs have since swelled to

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CITIC PACIFIC LIMITED

CITIC PACIFIC LIMITED following the acquisition of Shijiazhuang Steel Mill in July 2006 A total of 5.9 million tonnes of special steel was sold in FY06 up 60 y o y Stepping into Iron Ore Mining In March 2006 CITIC Pacific acquired the mining rights to one

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Clive Palmer crowns himself WA s iron ore royalties king

Project owner CITIC Pacific said in a statement it had not received formal notification of Mr Palmer s latest legal action All GST obligations continue to be met CITIC said At the same time Mr Palmer continues to derive considerable benefit from our investment in iron ore downstream processing in WA and the hard work of our 3000 employees and contractors

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Special Steel

In 2014 CITIC Pacific Special Steel sold a total of 7.4 million tonnes of special steel products a 2 increase over the previous year This increase came mainly from plate and wire products Although the average selling price decreased slightly this was accompanied by a significant fall in the price of raw materials in particular iron ore and coking coal.

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CITIC boasts of benefits

14 12 2017  CITIC today launched a campaign called better partnerships to build understanding of the benefits of the project to the state as well as a strong relationship between WA and China. CITIC CEO Chen Zeng said the company had helped to secure a new industry in the Pilbara Iron ore is being value added here on Australian soil.

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CITIC warns WA Sino Iron project jobs in the balance as

31 07 2018  Sino Iron produced 17 million wet metric tonnes of its 65 per cent iron concentrate last year Credit CITIC Pacific Mr Zeng noted CPM had already made aggregate payments of 1 billion to Mr Palmer which included the initial acquisition of mining rights and ongoing royalty payments.

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Citic Pacific Australian iron ore project going into

01 10 2013  China s CITIC Pacific said it is now moving into the production stage at its 8 billion iron ore project in Australia following years of delays at one

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CITIC Pacific 2009

CITIC Pacific Annual Report 20093 Iron Ore Mining Once built CITIC Pacific s iron ore mine will be the largest magnetite mine in Australia Production is expected to start by the end of 2010 ensuring a stable quality supply of iron ore to CITIC Pacific s special steel plants as well as other steel producers in China Find out more on

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China Inc s debacle in the Outback

glomerate CITIC Pacific and become one of China s richest men So when duty called Larry Yung answered In 2006 foreign mining giants were jacking up prices of the iron ore needed by China s voracious steel industry At the urg ing of Beijing Yung and CITIC Pacific ne gotiated the rights to exploit a

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China still needs Sino Iron says Clive Palmer after 200m

27 11 2017  Clive Palmer is playing down fears his 200 million plus Supreme Court win over China s CITIC threatens the struggling Sino Iron project in the Pilbara Speaking to WestBusiness at the weekend Mr Palmer claimed CITIC had access to unlimited funds and insisted the mine would continue operating because China needed iron ore for making steel and building infrastructure.

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Blaze shuts down production at CITIC Pacific Mining s Sino

03 05 2021  Mining Iron ore Pilbara Regional WA WA News Blaze shuts down production at CITIC Pacific Mining s Sino Iron operation in Pilbara Stuart McKinnon The West Australian Mon 3 May 2021 8 41PM Stuart McKinnon This article is available to subscribers who

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CITIC s Pacific s Sino Iron project delayed again

31 05 2013  CITIC late yesterday announced that the project now won t make its long awaited first iron ore shipment until the second half of the year with frequent interruptions from technical and

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CITIC keeps faith in magnetite venture

13 06 2016  CITIC keeps faith in magnetite venture CITIC Pacific Mining chief executive Chen Zeng yesterday Credit Tony McDonough CITIC s massive Sino Iron project will be running at its full 24 million tonne a year rate within 18 months to two years according to CITIC Pacific Mining chief executive Chen Zeng CITIC began commissioning the last two

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Half Repo rt 2013

CITIC Pacific Limited listed in Hong Kong is a constituent of the Hang Seng Index We are a diversified company with a clear focus on three main businesses special steel iron ore mining and property development in mainland China CITIC Pacific is 58 owned by CITIC Group Corporation We are pioneers and market leaders

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CITIC to mine additional 1bn tonnes of iron ore

01 04 2021  CITIC is set to strike a deal with Mineralogy chairman Clive Palmer to mine a further one billion tonnes of iron ore in Western Australia The move follows a judgment from the Supreme Court of

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CITIC Pacific Mining Ramps up Operations with Huawei

A subsidiary of the Hong Kong listed conglomerate CITIC Limited CITIC Pacific Mining CPM is the developer and operator of mining processing and port operations in Western Australia Its flagship project the Sino Iron project is the largest magnetite mining and processing operation in Australia supplying high quality magnetite iron ore to steel mills in China.

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CORRECTED CITIC Pacific Australia iron exports face new

23 04 2013  CITIC Pacific has denied the accusations Iron ore prices are showing greater resilience amid a wider outflow of capital from commodities such as

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CEDA

Sino Iron and the downstream processing of local iron ore is of vital importance to the economic future of Western Australia and is poised to deliver a lasting legacy CITIC Pacific Mining s CPM massive Sino Iron project at Cape Preston south of Karratha is the largest magnetite mining processing and export operation in Australia and the most significant mining investment to come out of

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CITIC PACIFIC SPECIAL STEEL

CITIC PACIFIC SPECIAL STEEL Experts in Manufacturing and Exporting Iron Ore Pellets Special Steel and 192 more Products.

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the Securities and Futures Ordinance Cap

These mills required a reliable source of iron ore of the appropriate quality In order to ensure the supply in 2006 CITIC had acquired the mining rights to two billion tonnes of magnetite iron ore with options to secure another four billion tonnes if the reserves were proved The iron ore was located in a greenfield site one

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Sino Iron iron ore mine Report

08 06 2021  It is 29 kilometres from the port at Cape Preston and 100 kilometres south west of Karratha It is the largest magnetite mine commissioned in Australia and represents the largest investment by a Chinese consortium in a single iron ore project in Australia Citic Pacific CITIC is the owner and operator of the mine.

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Citic Pacific Australian iron ore project going into

01 10 2013  China s CITIC Pacific said it is now moving into the production stage at its 8 billion iron ore project in Australia following years of delays at one of China s costliest offshore mining developments.

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History of CITIC Pacific Special Steel Holdings company

CITIC s Sino Iron is the largest magnetite mine in Australia and produces a high grade premium iron ore concentrate that is mainly sold for export 2008 Unauthorised trades related to hedging against the Australian dollar as cover against currency swings on an A 1.6 billion prospective acquisition.

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Palmer in court win against CITIC

21 05 2019  CITIC has warned in the past that Sino Iron would be unviable if it lost the case against Mineralogy Palmer who was in Karratha today said CITIC must follow the rule of law after a nasty five year court battle During these five years CITIC continually just took the ore Those funds not paid at that time to Mineralogy would have been used

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CITIC aims to cut costs at Sino Iron project ramp up output

29 11 2016  CITIC Pacific Mining s Sino Iron project in Western Australia is ramping up production and expects to export more than 10 million tonnes this year its chairman said on Tuesday adding the goal was to become the world s lowest cost producer Chairman Zhang Jijing of CITIC Pacific Mining a wholly owned subsidiary of Hong Kong listed CITIC Dusseldorf CPF.DUnews said production

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Clive Palmer s Mineralogy seeks to end Citic Pacific s

26 09 2014  Clive Palmer s Mineralogy has moved to terminate Citic Pacific s rights to mine his iron ore in Western Australia casting doubt over an 8bn project.

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CITIC partners with Federal ..

23 12 2019  CITIC Pacific Mining CPM has partnered with the Department of Industry Science Energy and Resources Entrepreneurs Programme to create the CPM Sino Iron Supplier Development Project The pilot will see eight small to medium sized businesses ranging from local engineering and civil works firms through to mechanical workshops participate in the project.

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PDF The Challenges of Chinese Outward Investment in

Sino Iron is a multibillion dollar magnetite iron ore project located in Cape Preston a remote region in western Australia Acquired by China International Trust and Investment Company CITIC

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CITIC Pacific Australia iron exports face new delay court

22 04 2013  CITIC Pacific has denied the accusations Iron ore prices are showing greater resilience amid a wider outflow of capital from commodities such as

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palmer citic pacific

In this corner wearing the red and gold of communist China and weighing in at 20 trillion tons Citic Pacific And in this corner in green and gold trunks weighing in at twenty stone the brawler from Queensland Clive Palmer They are fighting for the right to ship iron ore

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Half Repo rt 2013

CITIC Pacific Limited listed in Hong Kong is a constituent of the Hang Seng Index We are a diversified company with a clear focus on three main businesses special steel iron ore mining and property development in mainland China CITIC Pacific is 58 owned by CITIC Group Corporation We are pioneers and market leaders

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Using Huawei 4G network and data centre infrastructure

Using Huawei 4G network and data centre infrastructure CITIC Pacific Mining boosts wireless communications supplying high quality magnetite iron ore to steel mills in China

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CITIC

13 05 2021  Citic Pacific Slammed By Poor Currency Bet The Hong Kong based investment bank warns of up to 2 billion in losses from unauthorized currency bets that went sour Jul 15 2008

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MACA adds 200m CITIC Pacific contract to books

26 03 2021  MACA has secured a hire and maintenance contract with CITIC Pacific Mining Management CPM at the Cape Preston Sino iron operation in Western Australia The Perth based mining and construction

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