Western Plains Resources Limited
(ASX:WPG) and Flinders Ports Ltd have entered into a MOU agreement for the interim handling, storage and shiploading of iron ore from Western Plains Peculiar Knob iron ore mine located south of Coober Pedy in South Australia.
The companies will join forces to develop a detailed set of protocols backed by appropriate contracts for the export of ore through Port Adelaide or Port Pirie, existing ports owned by Flinders Ports, before the end of 2010.
Western Plains Resources says funding for Peculiar Knob is on track, and it hopes to begin construction during the second half of the calendar 2010 year.
Western Plains Resources reported a loss for fiscal 2009.
