In the mid-1960s, a time when rail links developed into the African continent, it became an exit
point for iron ore leaving for Europe and the United States.
Not exact matches
West Perth - based
iron ore explorer Atlas Iron Ltd will pay $ 15 million in port facilities charges to the Port Hedland Port Authority as an up - front contribution for the planned $ 225 million upgrade of the Utah Point public access facil
iron ore explorer Atlas
Iron Ltd will pay $ 15 million in port facilities charges to the Port Hedland Port Authority as an up - front contribution for the planned $ 225 million upgrade of the Utah Point public access facil
Iron Ltd will pay $ 15 million in port facilities charges to the Port Hedland Port Authority as an up - front contribution
for the planned $ 225 million upgrade of the Utah
Point public access facility.
Iron ore has also seen an uptick since the start of the year and is now trading at 41 % above its low
point for the year on 14 January.
Despite the warning, shares in Atlas closed up 33 per cent at 1.6 cents, with analysts
pointing to an improved earnings result
for the December half and a higher spot
iron ore price.
The reason
for Australia's third - ranking
iron ore miner traditionally being seen more as prey than predator is a function of its once sky - high debt levels, uncertainty about its
ore grade, and a belief that at some
point Forrest would be tempted to cash out of the company he created.
Although the company has made certain concessions, the final sticking
point appears to be the most crucial, agreeing a pricing mechanism
for the
iron ore.