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Citic Pacific's budget blown as WA ore project costs soar

MINING.COM Staff Writer | July 17, 2011 | 11:46 pm Australia Europe Iron Ore 

The Australian reports China-backed Citic Pacific's $US5.2 billion West Australian iron ore project has been hit with a $US900 million budget blowout in another sign of growing costs in the booming resource state. The cost increase is the second for...

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