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Article: Australia : ferraus eyeing 2 MTPA iron ore output by 2011.
- Article from:
- TendersInfo
- Article date:
- November 9, 2009
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Byline: manish03
Australian iron ore minnow FerrAus is working towards becoming a 2 million tonnes a year producer by 2011. Most of this ore will be mined from its Robertson Range and Davidson Creek projects, in the East Pilbara region of Western Australia. The company has other projects that bring its total potential to an estimated 166 million tonnes a year.
It hopes to emulate fellow Australian iron ore major Fortescue Minerals, which initially also began as a minnow and is now close to the size of South African iron ore major Kumba Iron Ore, however, a lack of funds has put a damper on its growth aspirations.
The emergence of FerrAus comes ...