Breakfast Deals: Track work

An open access Pilbara rail line is unlikely to push past 'concept' phase without more parties involved, while KT Lim confirms he’s looking to bump up his Echo stake.

The prospect of a Pilbara rail line for the little guy remains as possibility, but Aurizon and Atlas Iron made it clear over the weekend they need more partners to make it work. Echo Entertainment will in fact find Genting’s KT Lim climbing up the register if the regulators allow. Meanwhile, Ten Network and Southern Cross Media have extended their regional affiliation, Commonwealth Bank’s property funds management speculation continues unabated and Pacific Retail REIT hopes to carry the IPO torch forward.

Aurizon, Atlas Iron

The chief executives of Aurizon and Atlas Iron sang from the same song sheet over the weekend about the potential for an open access rail line in the Pilbara for smaller operators.


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