MinRes launches $70m rail project

 

News article: MinRes launches $70m rail project

Mineral Resources has launched a $70 million rail expansion for its Carina iron ore mine in WA's Yilgarn region north east of Southern Cross.

  waynes Junior Train Controller

Location: Victoria
Mineral Resources has launched a $70 million rail expansion for its Carina iron ore mine in WA's Yilgarn region north east of Southern Cross.

The new fleet of trains will help lift exports by almost 25 per cent this year.

Launching the expansion, Mines and Petroleum Minister Bill Marmion praised MinRes for its commitment to the State's resources industry.
MinRes launches $70m rail project

Wondering if Mineral Resources may also fall into trouble?

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  Bethungra Train Controller

Mineral Resources are an operator and a miner i believe?

They would have capital costs for transport and also mining. The transport costs would be amortised over the life of the mine if not sooner.

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