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MinRes sets sail with Brockman iron ore deal

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Chris Ellison's Mineral Resources has strengthened its claim to prized export capacity at Port Hedland after pulling off a deal with Brockman Mining aimed at supplying iron ore to its proposed light rail network and Cape-sized berth development.

The joint venture will unlock iron ore from Brockman's long-stranded Marillana project. It will also help to underpin MinRes' core mining services business as well as its plans to invest $1.4 billion to $1.6 billion in the Pilbara Infrastructure Project.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/mineral-resources-pulls-off-deal-with-brockman-20180727-h137ep