(Bloomberg) -- Midwest Corp., an Australian iron ore
producer, signed an initial accord with Yilgarn Infrastructure
Ltd. to plan construction of a new port and railroad in Western
Australia state.
The agreement includes the construction of a railroad from
the proposed A$2 billion ($1.7 billion) Oakajee port to
Midwest's Weld Range project, the Perth-based company said today
in a statement to the Australian Stock Exchange. Development is
planned to be completed by 2011.
Read more at Bloomberg Commodities News
producer, signed an initial accord with Yilgarn Infrastructure
Ltd. to plan construction of a new port and railroad in Western
Australia state.
The agreement includes the construction of a railroad from
the proposed A$2 billion ($1.7 billion) Oakajee port to
Midwest's Weld Range project, the Perth-based company said today
in a statement to the Australian Stock Exchange. Development is
planned to be completed by 2011.
Read more at Bloomberg Commodities News
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