Oakajee $4bn development on track

Joint owners Mitsubishi Development and Murchison Metals are on track to begin building the A$4bn (US$4bn) Oakajee Port and Rail project in Western Australia later this year. Construction will continue until the end of 2014 and the first ore shipment from the initial capesize berths will be in early 2015.

Joint owners Mitsubishi Development and Murchison Metals are on track to begin building the A$4bn (US$4bn) Oakajee Port and Rail project in Western Australia later this year. Construction will continue until the end of 2014 and the first ore shipment from the initial capesize berths will be in early 2015.