Fortescue Metals Group Limited(ASX:FMG) has hit out against Brockman's attempt to build an independent rail line, saying there was no logical basis for the move. In a submission to Western Australia's Economic Regulation Authority, Fortescue said there was no capacity available to Brockman on the railway. The miner also says opening its rail line to Brockman - which is seeking annual shipping capacity of up to 20 mega tonnes - was not in the public interest, would not increase competition in the highly-fragmented iron ore market and would result in the inefficient use of the railway.
BC Iron Limited (ASX:BCI) also questioned the plans of Brockman Mining Limited (ASX:BCK) and Aurizon Holdings Limited (ASX:AZJ) to build the new Pilbara rail line. The junior iron ore miner questions whether the line can be built without broader support from miners.
Atlas Iron Limited (ASX:AGO) says recent agreements between small iron ore players in the Pilbara has strengthened its ability to secure a deal to transport its iron ore. Atlas Iron chairman David Flanagan says deals such as those involving Brockman, Flinders Mines and Aurizon have opened-up opportunities for Atlas to find third-party infrastructure opportunities.
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