December 03, 2008

Midwest and Murchison to fight for Oakajee port tender

It is reported that the Western Australian government has given Midwest and Murchison Metals nine weeks to submit tenders to build a port at Oakajee.

Mr Alannah MacTiernan planning and infrastructure minister of Western Australian said that an announcement of the successful tender by mid 2008 should allow construction to commence by late 2009 and port operations to start by 2012.

As per report, the timetable for tenders was welcomed by both Murchison and Yilgarn Infrastructure, which is proposing to build the port for Midwest. Both companies are confident of having adequate iron ore resources to justify the expenditure on an AUD 1.5 billion port.