MinRes spruiks its $3.5b Onslow project, the ‘Club Med of the Pilbara’
The bank-busting project has the market divided, with its remote location and haulage road troubles. But the mining giant says it’s all blue sky from here.
It’s the remote Pilbara iron ore project that has the market divided. Now, two years after first breaking ground at Ken’s Bore, Mineral Resources is out to spruik its flagship Onslow project, built at a cost of $3.5 billion.
That sales pitch is why a two-dozen strong press pack – from television presenters to The Australian Financial Review – found themselves transported by the company’s own airline service to the mine on Thursday.
Loading...
Mark Wembridge covers resource companies for The Australian Financial Review, based in Perth. He formerly worked for the Financial Times in London and Hong Kong. Connect with Mark on Twitter. Email Mark at mark.wembridge@nine.com.au
