Vale Looking to Push Into West Australia’s Yilgarn Iron Ore Region

SMH reported West Australia would welcome Vale’s (NYSE:VALE) anticipated move into the Yilgarn iron ore region.

As quoted in the market news:

West Australian Premier Colin Barnett says he has no concerns about the possibility of Brazilian iron ore giant Vale buying into the state.

Media reports suggest Vale – the world’s biggest iron ore producer ahead of Rio Tinto and BHP Billiton – is eyeing WA’s Yilgarn region because it there is a cost disadvantage of shipping to China from Brazil.