Sinosteel cautions Oakajee doubters

Original article by Peter Ker, Brad Thompson
The Australian Financial Review – Page: 18 : 22-Oct-19

Western Australia’s Premier Mark McGowan says he would welcome any move to proceed with the stalled Oakajee port and rail project, after Sinosteel’s recent deal to acquire Mitsubishi’s interest in it. However, Ports Minister Alannah MacTiernan ha expressed doubts regarding the $10bn project’s viability. Stuart Griffiths, the CEO of Sinosteel Midwest, says people should keep "an open mind" on the issue, adding that good quality iron ore will always be in demand.

CORPORATES
SINOSTEEL CORPORATION, SINOSTEEL MIDWEST CORPORATION LIMITED, MITSUBISHI CORPORATION, WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET, FORTESCUE METALS GROUP LIMITED – ASX FMG

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