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Roy Hill moves ahead

Gina Rinehart's giant Roy Hill iron ore project is starting to take shape, with mining contractor Calibre confirming a $23 million contract to build a railway for the project. The owners, which include Korea's Posco, are still trying to finalise debt funding for the project, which is tipped to cost close to $US10 billion.

Gina Rinehart's giant Roy Hill iron ore project is starting to take shape, with mining contractor Calibre confirming a $23 million contract to build a railway for the project. The owners, which include Korea's Posco, are still trying to finalise debt funding for the project, which is tipped to cost close to $US10 billion.

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