Subscribe to RSS feedHancock gets approval for ore rail link
by
Sam Collyer
—
last modified
Jul 16, 2010 04:19 PM
HANCOCK Prospecting has been given Western Australian Government approval to build a 300 km rail line connecting its iron ore deposits to Port Hedland.
Roy Holdings, the mining company’s joint-venture with South Korean steelmaker POSCO, plans to ship the first load of iron ore in 2014 and ultimately export at a rate of 55m tonnes a year.
Hancock is owned by Australia’s richest woman,...
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