Atlas Iron Limited’s
(ASX:AGO) chief has backed Aurizon Holdings Limited’s
(ASX:AZJ) concept to build an independent rail network in the Pilbara region of Western Australia.
The miner’s Managing Director Ken Brinsden has told ABC TV an independent rail line would be a fantastic solution, but cautioned it would first need to receive commitment from customers.
The chief of Australia's biggest freight rail operator, Lance Hockridge told the program the network would be open to all comers as opposed to being dedicated to individual miners.
Mr Hockridge did emphasise the idea was at a concept phase and there is much more work which needs to be done.
Aurizon inked a three-year partnership with Brockman Resources Limited
(ASX:BCK) earlier this month to develop and operate infrastructure solutions for the iron ore miner’s projects.
Aurizon reported a net profit of $175.7 million in the first half of the 2013 financial year.
