West Pilbara dreaming

Monday, 7 July 2014

From the AFR:

Australia’s largest infrastructure manager, IFM Investors, is eyeing an investment in the $7.4 billion West Pilbara iron ore project under new majority owners Baosteel and Aurizon, as it continues a push into greenfields resources investments.

…Baosteel and Aurizon have said ownership of the West Pilbara project could be split into separate mine and infrastructure vehicles.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.