China eyes Oz projects

摘要

Two Western Australian iron ore-driven port projects may be revived after Chinese and other potential developers showed renewed interest. Progress on the deepwater port of Oakajee, north of Geraldton, has stalled since Japan's Mitsubishi - which ended up with sole development rights after buying out financially troubled partners - withdrew from the Oakajee Port and Rail (OPR) project in June 2013. OPR, originally launched by the WA Government in 2009, was planned as an up-to-100 Mtpa export logistics chain to service a number of magnetite mines in the Mid West region.