Base Metals

Platts reportedtThe Western Australia government has approved a railway link that would provide access for major iron ore projects.

Platts reportedtThe Western Australia government has approved a railway link that would provide access for major iron ore projects.

As quoted in the market news,

In a statement late Thursday, Premier and State Development Minister Colin Barnett described the approval as a “significant step in securing new infrastructure vital to the development of the Mid-West mineral province and to Western Australia’s future development.” The rail corridor approval would enable the troubled Oakajee Port and Rail consortium “to proceed with detailed planning and design for a railway to bring ore from deposits from the region’s north and east to Oakajee,” said Barnett in the joint statement with Transport Minister Troy Buswell.

Click here to read the full Platts report.

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