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China starts new $10b Oakajee iron ore push
Peter KerResources reporter
A Chinese state-owned entity will seek to revive a $9.7 billion mining rail and port project in Western Australia, in a move that could unlock the nation's next iron ore export province.
Sinosteel has acquired Japanese giant Mitsubishi's interests in the long-stalled Oakajee Port and Rail project, in a deal that comes in the strongest year for iron ore prices since 2014.
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