- $5.9bn Oakajee Port and Rail iron ore project in Western Australia state has been suspended
- Downturn in commodity prices cited
- Project had already been ‘scaled back’ in November
- The related Jack Hills mine to be placed in care and maintenance
Mitsubishi Suspends Australian Iron Ore Project (The Wall Street Journal is often gated, so if you’re unable to access the article try a search of Google news using the headline)
ADDED: Non-gated sources
