Ports are Pilbara’s other treasure
Baosteel and Aurizon’s strategic play to wrest control of the next big greenfields Pilbara port project took the market by surprise this week, and has left many asking why now?
It was only natural that Baosteel and Aurizon ’s $1.42 billion strategic play to wrest control of the next big greenfields Pilbara port project through a joint bid for Aquila Resources took the market by surprise this week.
With the iron ore price on the slide amid concerns of oversupply, many investors and rivals were left asking why the stalled $7.4 billion West Pilbara Iron Ore project was suddenly of interest.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Companies
Fetching latest articles