AGO atlas iron limited
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News: AGO Mineral Resources Updates On Pilbara Infrastructure Project

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    08/06/18
    16:45
    Post #: 33602680

    June 8 (Reuters) - Mineral Resources Ltd (MIN) :

    • PILBARA INFRASTRUCTURE PROJECT UPDATE
    • CONFIRMS THAT EXISTING ORE RESERVES ARE SUFFICIENT TO UNDERPIN BUSINESS CASE FOR DELIVERY OF PILBARA INFRASTRUCTURE PROJECT
    • "HAS NEVER INTENDED TO TRANSPORT ANY OF ATLAS IRON ORE ON PILBARA INFRASTRUCTURE PROJECT"
    • HAS COMMENCED FORMAL NEGOTIATIONS WITH PILBARA PORT AUTHORITY TO CONSTRUCT STOCKYARD & CAPE-SIZE CARRIER BERTH AT SOUTH WEST CREEK
    • EXPECTS STATE AGREEMENT FOR RAIL-BASED SYSTEM BETWEEN IRON VALLEY AND PORT HEDLAND WILL BE LEGISLATED BEFORE END OF CY2018
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