Iron ore projects key to revival hopes

摘要

After a couple of dry years in major project approvals, is Western Australia on the brink of a minerals resurgence? Promising developments in nickel, iron ore, gold and diamonds suggest that the long-awaited turnaround might be just around the corner.Certainly investment conditions appear more fertile than they did 12-18 months ago. But, as always, the promotional hype has to be separated from more sober realities to get a better picture.Preliminary estimates released by WA's Department of Minerals and Energy reveal that the Stat&5 minerals and energy sectors reached a new record in 2000 in terms of the value of sales, which jumped 46.7 percent to over