Contract engineer NRW Holdings Ltd said that iron ore miner Fortescue Metals Group Ltd has authorized it to recommence construction of its Cloudbreak-Christmas Creek rail spur in Western Australia.

The contract had been suspended on November 26th 2008, because construction had been deferred.

NRW in a statement said that "Works remaining under the contract are valued at approximately USD 45 million.”

(Sourced from money.ninemsn.com.au)