Small business owners and workers owed millions of dollars by an iron ore mine that has gone into administration are criticising the Northern Territory government for allowing it to keep operating for months without enough money to pay its bills.
Iron ore mining company Nathan River Resources (NRR) has gone into voluntary administration, with ASIC documents showing it owes more than $360 million in debts, including in unpaid wages and royalties.
The Singapore-owned mine on the Gulf of Carpentaria has collapsed and reopened several times over 13 years.
The iron ore mine is located in the Northern Territory’s Gulf of Carpentaria. (Supplied: Nathan River Resources)
The company’s debts include $18 million to contractors, $4.5 million to the…