Latest MinRes truck crash heaps more pressure on loss-making miner

The Australian Financial Review
18 Mar

A sixth jumbo road train has crashed on Mineral Resources’ iron ore haul network in Western Australia’s Pilbara, raising further questions over the safety and design of a road that provides critical cashflow for the loss-making miner.

The highly indebted iron ore and lithium group must run a 330-tonne triple-trailer truck along the 147-kilometre private road every five minutes to meet its iron ore shipment targets.

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