Midwest Australia Iron Miners Report Chinese Infrastructure Interest

摘要

China could take a stake in a 3.3 billion dollars port and rail infrastructure project in Western Australia's midwest iron ore belt, Murchison Metals Ltd said in a Reuters story. Murchison, which plans to develop the infrastructure with its partner, Japans Mitsubishi Corp, said Chinese groups expressed interest in becoming involved at meetings in China. Despite strained ties between the two countries over drawn out negotiations on benchmark iron ore prices and the detention of four Rio Tinto employees in China on charges of stealing state secrets, China was keen to do deals with Australian iron ore companies, Murchison said.