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  1. 1,711 Posts.
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    Just a nice little piece of info that i picked up this weekend, another dot to add to RNU 's future prospects !

    • Rail transport company Aurizon (AZJ) agrees to purchase One Rail Australia for $2.35 billion
    • One of One Rail assets includes the 2200 kilometre railway line from South Australia’s Tarcoola to Darwin in the Northern Territory
    • Aurizon believes the acquisition will allow the company to haul more commodities such as manganese rare earths, copper, iron ore and grain
    • For the deal to be completed it is subject to a number of conditions, including approval from the Australian Competition and Consumer Commission
    • On the market, Aurizon is down 4.37 per cent and is trading at $3.72 per share at 1:34 pm AEDT
    Apparently they will be handling GREEN assets only
    Last edited by zappa07: 25/10/21
 
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