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Back to Say 'No' to Gunns Ltd Pulp-Mill!

Pulp mill on chopping block

CASH-strapped timber company Gunns has conceded that its $2.3 billion pulp mill almost certainly will not proceed.

The company yesterday said it wrote off the $250 million investment it has made in the Bell Bay project over the past seven years as part of a $700-$800 million charge.

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