The trading halt in shares of BC Iron has been turned into a suspension, as the mining junior continues to negotiate the details of access to Fortescue Metals Group's rail and port facilities in Western Australia.
BC Iron requested the suspension today, saying it continued to negotiate the agreement with Fortescue to provide rail haulage and port services for BC's Nullagine Iron Ore Project.
"The company is not yet in a position to provide full details to the market,'' the company said.
BC Iron's shares last traded at 62.5 cents.
Source: Melbourne Herald Sun
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