New mine is happy news for the local roadhouse
Wednesday, 04/03/2009
A little roadhouse in the middle of the Australian desert has had a business boost, thanks to the mining industry.
Greg Dick, owner of Aileron roadhouse, 100 kilometres north of Alice Springs, says a rare earths mine looks certain to go ahead just five minutes' drive away.
Arafura Resources recently announced a $20 million injection from a Chinese company into the project.
Mr Dick says that means 60 workers will be staying at his roadhouse.
"While everybody is on the downturn, we're looking at an upturn of the whole place," he says.
"They're putting in a power station, so they're going to put the power on to us, and water."
happy roadhouse
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $395.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $1.063M | 6.400M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24995 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 448096 | 11 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |