Another trans-continental rail line under consideration
Thursday, 06/08/2009
A $150 million feasibility study has begun into building a rail line from Queensland, through the Northern Territory to Western Australia.
Project Iron Boomerang has been under consideration for some years, and aims to move iron ore and coal by rail from Moranbah in Queensland to Port Hedland in the west.
Shane Condon, from East West Line Parks, says the two-year feasibility study will prove the project is profitable.
"There's a fairly large consortium committing to this, steel mills, investors and mining companies, some of the biggest in the world," he says.
http://www.abc.net.au/rural/news/content/200908/s2648132.htm
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