The West Australian government is spruiking the possibility of a $5.6 billion iron ore mine, rail and port project in the Pilbara after signing a state agreement with a company backed by one of New Zealand's largest businesses.
The Balla Balla Infrastructure Group (BBIG), majority owned by NZ's Todd Corporation, wants to construct a new iron ore export port between Karratha and Port Hedland and construct a 162-kilometre railway linking stranded iron ore deposits in the central Pilbara.
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Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Connect with Julie-anne on Twitter. Email Julie-anne at jsprague@afr.com
Tess Ingram is a journalist with WAtoday. She was previously a reporter in The Australian Financial Review's Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.
