Western Australia, producer of 70 percent of the country’s exports to China, has identified a new deepwater port that may be used for iron ore exports from the Pilbara region.
The port is at Anketell, 30 kilometres (19 miles) east of Karratha and the government says it could be used by Fortescue Metals Group Ltd., China Metallurgical Group Corp. and API Management Pty Ltd.
Operations at the Anketell port may start by 2015, Western Australian Premier Colin Barnett said. Mr Barnett suggested that Fortescue’s Solomon mine, China Metallurgical’s Cape Lambert project and API’s West Pilbara Iron Ore mine could become “foundation investors” in the port.
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