a great outlook for future growth Important to notice the AQD-RIO partnership is extremely rewarding to both parties and for us Ausquest shareholders/investors.
Let's take in account one of the most talked subjects atm on Pilbara region.
Ausquest have a great advantage on other junior Iron Ores wanna bees IMHO....
RAIL
Rio Tinto have a project in place scheduled for completion mid-2006 for Rail duplication.
It involves DUAL tracking of 100 kms of the main line of the rail network at a cost of USD$214 million dollars.
PORT
Rio Tinto just completed a project last year DAMPIER Port with Capacity Chnage of 74 Mtpa to 116 Mtpa.
Centred on Parker Point, it involves construction of a new ore-car dumping system, stockyard extension, lump rescreening plant, ore-wharf extension and installation of second-ship loader at a cost of USD$685 million dollars.
A contunuation of the project have a schedule for completion at end of 2007. It involves an upgrade of the Capacity from 116 Mtpa to 140 Mtpa at a cost of USD$690 million dollars.
Have a look at the attachments below :
tom price, page-3
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