Online access requires a sub., I have the hard copy (Fairfax subscription requires to allow them automatic deductions from a credit card only) The article cites reports "the infrastucture subsidiary is close to attracting an even smaller iron ore miner to the rail deal to sweeten the sale of a minority interest in TPI" Further on the article says UBS estimates road haulage from Mt Webber "would cost AGO 22.80 a tonne plus 10.00 a tonne for port and rail at Port Headland making it financially indifferent to a move from road to rail" You need to read the full article to get contex.
AGO Price at posting:
82.0¢ Sentiment: None Disclosure: Held
