dutch
german
englishNew deepwater port to handle Pilbara boom
friday 5 Mar 2010
The Australian reports that West Australian Premier Colin Barnett has revealed plans for a massive privately-owned deepwater port to be built in the remote Pilbara region to cope with a major expansion in iron ore exports.
Potentially costing billions of dollars, Mr Barnett said Andrew Forrest·s Fortescue Metals, China Metallurgical Group and API Management were all expected to be foundation investors to build the region·s first new deepwater port development in more than 40 years.
Mr Barnett said strong demand from China would see Western Australia·s iron ore exports almost double from the already "massive production" of about 380 million tonnes a year.
"It·s expected that by 2015 total production will be somewhere in the range of 600 to 700 million tonnes," he told The Australian.
The new port, at Anketell, 30km east of Karratha, would be the fourth in the Pilbara and cost "well in excess of A$1 billion" to build. It was expected to be operating by 2015.
Source: www.sandandgravel.com
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