Brockman Seeks Access to Fortescue’s Pilbara Railway

Brockman Seeks Access to Fortescue’s Pilbara Railway : Brockman Mining Ltd. (>> Brockman Mining Ltd) said it was seeking the right to access Fortescue Metals Group Ltd.’s (>> Fortescue Metals Group Limited) railway in Australia’s remote Pilbara region to help transport iron ore to port from its Marillana project.

The company, also examining prospects for a new independent railway with Atlas Iron Ltd. (>> Atlas Iron Limited) and Aurizon Holdings Ltd. (>> Aurizon Holdings Ltd), said it wanted to “explore all reasonable rail infrastructure options” so it could start producing iron ore at the site.

Brockman has asked the Western Australia state government for the right to haul up to 20 million tons a year of hematite iron ore from 2016, for up to 20 years, the company said.

Handout photo of a Rio Tinto train carrying iron ore through the Pilbara region of West Australia

Source : 4-traders

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