Not that relevant to this thread, but further developments on rail haulage.....and the forecast growth in IO projects...
QR say that they anticipate growth in the iron ore sector in the next five years and are quoted as saying that they predict an increase in tonnage of about 8.5% per annum. This falls in line with analysts? forecasts that China and India will continue to buy in more and more ore supplies. QR intends to use the new locomotives to haul ore from the Karara project, a joint venture between Western Australian Gindalbie Metals and AnSteel of China.
Not that relevant to this thread, but further developments on...
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