China Railway backs project to mine cleaner iron ore
It is developing a US$3.4b project on Australia's Eyre Peninsula to meet increased demand from steel mills
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Melbourne
CHINESE engineers who carved a railway through the Tibetan plateau and built the world's longest sea-bridge across Hangzhou Bay have a new challenge: developing a US$3.4 billion project on Australia's remote Eyre Peninsula to meet increased demand for cleaner iron ore.
China Railway Group Ltd, the world's second-largest infrastructure builder, is backing the mine, port and rail-road project that aims to supply high-quality, lower-emission ore to Chinese steel mills facing stricter environmental rules.
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