rail

Interesting article in todays afr.Gina announcedthat Roy Hill had successfully secured a 7.2 billion packageon March 22, with 19 international banks signing up to support the project.The funding could also open the door for junior miners to start negotiations for access to Roy Hill's railway.Roy Hill made it clear to Pilbara juniors that it did not want to get involved in such discussions intil its debt package ws complete, but companies like ago and bck are miners most likely to want a transport deal on Roy Hills railway.
The railway could also be accessinle under third party access laws and Roy Hill iyet to decide whether it wants to fall under the national third party access regime or the WA govt's third party access regime.Bck sought access to fmg railway under WA's accrss regime last year but its bid is still tied up in the coirts.