This is potentiallly great news for FWL. Let's see if this Southern corridor heads through Yalgoo.....
From Busines Spectator....
"The troubled $6 billion Oakajee port and rail project has been thrown into a further state of disarray following comments by West Australian Premier Colin Barnett that his original preferred northern rail line may not be built ahead of a smaller capacity souther rail corridor, according to a report by The Australian Financial Review.
Mr Barnett's comments suggest a further hurdle for the iron ore port that may delay its planned 2015 start date.
Mr Barnett also said yesterday that Oakajee proponent Mitsubishi and Chinese state-owned enterprises and banks are expected to meet in Beijing sometime before the end of February in an effort to get the project back on track.
“There is a major meeting in Beijing in the next few weeks ... and that will be the critical meeting in hopefully bringing China formally into the project,” Mr Barnett told Fairfax Radio."
