This looks like a legitimate release about a port development and funding, nothing to do with PDY but seems to address issues like funding and whos who.
"The Asciano-led Yilgarn Esperance Solution consortium has won the bid to design, build and operate a new multi-user iron ore facility at Esperance Ports, understood to be worth about $200 million.
The expansion is expected to almost double the export capacity of the port from about 11 million to 20 million tonnes per annum.
Esperance Port is the deepest facility of its kind in the southern half of Australia, and can accommodate large ships and bigger cargoes.
Yilgarn Esperance Solution, a consortium led by Asciano alongside McConnell Dowell and Marubeni Corporation, won Transport Minister Dean Nalder’s approval over a consortium comprising Qube Bulk and Brookfield Infrastructure, based on a recommendation from the board of the Esperance Port Authority.
“YES has been chosen to design, build and operate the facility as well as provide all project funding and associated costs,” Mr Nalder said.
“The companies which make up YES have a proven track record in developing and operating ports in Australia and internationally.”
PDY Price at posting:
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