Came across a couple of things to do with BRM and NWIOA.
December 14th 2009.
New Director to assist with rail access and port negotiations for NWIOA members. Catherine Pinchin as Director,Legal,Regulatory and Corporate Affairs for NWIOA. Ms Pinchin will play a role in the negotiations with existing rail infrastructure owners and operators to develop agreements which reflect rail haulage requirements and legislative obligations. Ms Pinchin is a qualified lawyer who has been admitted to practice in WA and NSW. She held the position of Manager Legal at Citic Pacific Mining Management,the company responsible for the development of the US$5 billion Sino Iron magnetite ore project in the Pilbara.
From NWIOA. It is possible that one of the NWIOA members may also require access to the Hamersley Railway and/or a section of the Robe Railway.Table 2.2 below shows the forecast production volumes in tonnes that Brockman Resources may seek to export through Port at Dampier or Port Lambert.Brockman Resources production volumes are projected to reach 10 million tonnes in 2012 and are forecast to further increase to 35 million tonnes by 2017,these figures represents tonnes from Brockman's Marillana operations plus tonnes either from Duck Creek,Mt Stuart,West Hamersley or Mt Florance.
Based on these tonnages alone, it is feasible that if third party access was granted, a third party operator could enter the haulage market in this region. In addition,should the market for iron ore tenements increase with the option of access to the Railways,there could be a further increase in the requirement for iron ore haulage services,thus increasing the likelihood of additional third party haulage operators entering the market.
Regards Westcott.
BRM Price at posting:
$2.37 Sentiment: None Disclosure: Held
