MIS midwest corporation limited

nthn rail route best for jack hills

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    Sydney - Wednesday - Dec 20: (RWE Australian Business News) -
    Murchison Metals Ltd (ASX code: MMX) today announced the outcome of the
    assessment of rail infrastructure options as part of the Northern
    Infrastructure Feasibility Study being completed in conjunction with
    Midwest Corporation Ltd (ASX code: MIS).
    This study forms part of Murchison's overall feasibility study
    for the Stage 2 development of the Jack Hills project.
    The rail option assessment concluded that a northern rail route
    was clearly the best choice, using a comprehensive range of economic,
    social, environmental, operational and efficiency criteria.
    By comparison, an alternative southern rail route was found to
    be unsuitable when analysed using the same criteria. The alternative
    route would require additional capital and operational costs of more
    than $1 billion over the first five years of the project's life.
 
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