The smaller iron ore miners in the Pilbara are forging ahead with their study into an ambitious rail line with Aurizon that would break their reliance on the big players. The question mark, as always, is the price of their product. Speaking of iron ore, Fortescue is close to its own infrastructure deal, while Sundance Resources will soon be kissing its takeover offer goodbye. Meanwhile, Virgin Australia wants conditions lifted on its Air New Zealand alliance.
Aurizon, Atlas Iron, Brockman Mining
The first stage of the study into a rail line for smaller iron ore operators in the Pilbara, run by haulage giant Aurizon, has been completed and there’s one obvious takeaway for interested onlookers.