With the recent recovery or iron ore prices, GWR Group has restarted its mining operations at its C4 iron ore mine in Wiluna, Western Australia, and plans to ship 30,000 tons of high quality lump ore in January at a fixed price of US$100/t.
Operations of the C4 iron ore mine were suspended last September due to falling iron ore prices in the second half of the year.
GWR Group said that production could be increased in the coming months if iron ore prices continue to rise.
During the period when production was suspended, sales of this mine were largely made from stocks. Sales volume in October and December 2021 was 58,000 tons and 57,000 tons, respectively.
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