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latest news

BC Iron has welcomed much-needed tax concessions from the State Government that it will allow the battling iron ore miner to defer $8-12 million in royalty payments until next year.
BHP Billiton and Fortescue Metals have applied for permits to add about 50 million iron ore tonnes to an already over-supplied global market as prices fell to new record lows.
Tap Oil Managing Director Troy Hayden has launched a blistering attack on his biggest shareholder as the war for control of the $60 million company turned into an ugly slanging match with Thai tycoon Chatchai Yenbamroong.
A Western Australian iron ore lobby group has shut down because of tough conditions facing the industry.

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