WA pro­ject part­ner plan

Townsville Bulletin - - Investor -

OAKA­JEE Port & Rail ( OPR) says an­other party could take over op­er­a­tions at its over-bud­get $ 5.23 bil­lion port and rail de­vel­op­ment in West­ern Aus­tralia’s mid west re­gion. WA Premier Colin Bar­nett yes­ter­day said Ja­pan’s Mit­subishi, which is de­vel­op­ing the pro­ject with iron ore miner Murchi­son Met­als Ltd, was talk­ing with Chinese of­fi­cials about their pos­si­ble in­volve­ment. At a con­fer­ence in Perth, OPR chief ex­ec­u­tive John Lan­goulant said an­other party could emerge in the de­vel­op­ment, which will pro­vide a new ex­port chan­nel for mid west iron ore mines. ‘‘ We hope a third par­ties can en­tice us for them to op­er­ate the rail­way or the port op­er­a­tions,’’ he said.

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