IsaMill™ selected for Sumitomo’s Pogo Mine operation
Glencore Technology’s IsaMill™ technology has been selected by Sumitomo Metal Mining Pogo LLC for their Pogo Mine operation in the US state of Alaska.
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World number two miner copes with 46% drop in price in first half of 2015 but keeps iron ore margins above 60% – where it's been for 15 years.
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Net loss of $26.8 million, or $0.07 per share
