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CuFe Ltd (ASX:CUF) – a company with a name based around Fe, the elemental symbol for iron – has announced it’s exiting the iron ore game. While it still retains an iron ore asset in the Northern Territory – the early-stage Yarram asset – the company is divesting its mining rights for the JWD Project, of which it owns 100%. That project is the company’s only producing asset. For $12M, a company called Newcam Minerals will take the project. But the project will be suspended for now as both players hope for an upswing in the price of iron ore. Prices have been under pressure all year as China’s e…

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