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Article: Australian Junior Miners to Develop New Infrastructure in Pilbara
- Article from:
- abnnewswire.net
- Article date:
- September 7, 2009
- Author:
CopyrightCopyright 2009 ABN Newswire. (Hide copyright information)
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A group of junior miners in Pilbara region have formed an alliance to develop an independent iron ore export terminal at Australia's Port Hedland, while the big miners have dominated their own infrastructure projects.
The members of the alliance include Atlas Iron Ltd. (ASX:AGO), Brockman Resources Ltd. (ASX:BRM), BC Iron Ltd. (ASX:BCI) and FerrAus Ltd. (ASX:FRS) have appointed global engineering company Sinclair Knight Merz to undertake a pre-feasibility study and will then determine project costs.
The project could have the potential to handle 50 million tons iron ore per year by 2013, more than a third of last year's total exports from Port Hedland.
The miners, operating under the North ...