Rio Tinto has officially opened its new Silvergrass iron ore mine, which will add up to 10 million tonnes of annual volume to its Pilbara mine, rail and port operation in Western Australia.
Silvergrass
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Canavan goes after ‘hypocritical’ AGL to sell coal plants
A Twitter beef has erupted over Australia’s largest energy retailer AGL’s plans to close its massive Liddell power station in NSW by 2022, despite experts saying the plant will need to remain open
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Poseidon announces MoU with Northern Star
WA’s Poseidon Nickel is in talks to use Northern Star’s Black Swan operation to process gold ore, with a Memorandum of Understanding announced this week.
The non-binding MoU will see Poseidon explore
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TasRail welcomes Launceston development
Toll Group will build a $20 million intermodal hub in Launceston, after the city’s council approved the development late last week.
TasRail CEO Damien White on August 22 welcomed the Launceston City
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Target to take space at Moorebank as Qube announces 6% profit drop
Logistics operator Qube has announced Target Australia will be the first major client at its Moorebank intermodal terminal, after the former posted a net profit of $77.3 million in FY17, down 6%.
The company
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Viterra, G&WA extend grain rail deal
Glencore grain business Viterra will continue to move grain by rail in South Australia after extending its rail agreement with Genesee & Wyoming Australia on the Eyre Peninsula up to March 2019.
Viterra’s
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Sovereign risk an issue in Adani funding decision
The Government’s decision over a $900 million loan request by prospective mine and rail developer Adani is being watched keenly by other major Indian businesses, and could threaten future investment
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FMG soars to $2bn profit
Fortescue Metals Group exported 170.4 million tonnes of iron ore through its Pilbara port and rail network in FY17, on its way to a doubling in annual profits to $2.1 billion.
The Australian-grown iron
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Victoria launches port rail shuttle program
Expressions of interest will soon be sought for companies to connect the Port of Melbourne to major freight hubs and businesses via the city’s existing rail network.
A $58 million project aims to hand
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Aurizon to sell Queensland Intermodal to PN/Linfox, will close interstate terminals
Aurizon will sell its Queensland Intermodal business to a consortium of Pacific National and Linfox for a combined value of $220 million, and close its intermodal sites outside of Queensland, as a result
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