Mineral Resources quashes allegations, newspaper to back peddle

Company News

by Jessica Amir

Iron ore and lithium mining and service company, Mineral Resources (ASX:MIN) has quashed a story the Australian newspaper published about alleged hindered Roy Hill projects in the Pilbara region of WA.

The story noted that, ‘Rinehart faced a big bill for a Roy Hill overhaul’, referring to the sites crushing operations that Mineral Resources operates, but today, the paper will publish a correction notice, back peddling.

The company’s Crushing Services International (CSI) contract and other services remain and have been effective since the start of the contract.

The company’s, Roy Hill and Mineral Resources’ CSI started working together at the beginning of this year.

Shares in Mineral Resources (ASX:MIN) closed 3.41 per cent lower to $18.13
  

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.