NEWTON RES: A rockfall accident occurred at the KOOLAN operating area of the main supplier

Zhitong
2025.10.24 14:16
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NEWTON RES announced that its main supplier Koolan experienced a rockfall accident on October 16, 2025, which led to the suspension of mining activities in the Koolan area. Koolan is a long-term supplier of hematite to NEWTON RES, and the accident has affected the shipments originally scheduled for the fourth quarter of 2025. Nevertheless, other operations of NEWTON RES are still running normally, and discussions are ongoing with Koolan regarding iron ore supply and assessing the impact of the accident