News Articles for Baosteel

Two major events last week highlighted the private sector's desire to deliver new port infrastructure, and it's a trend the Barnett government could take even further.

Continued growth of the Pilbara as an export-focused iron ore province received a huge boost today when Chinese steel giant Baosteel and Australian railway operator Aurizon teamed up to bid for the Perth company behind a $6 billion port and rail project.

Oakajee is being rejuvenated not so much as a mining project but more as an infrastructure play.

The state government has signed a native title agreement with the Ngarluma people of the Pilbara over land intended for a deepwater port at Anketell Point.

Premier Colin Barnett says he can't see "a great deal of substance" in junior explorer Padbury Mining's claims it has secured a massive $US6.47 billion ($6.89 billion) funding deal to construct a port and rail network at Oakajee, as the company missed a self-imposed deadline to reveal its mystery backer.

Fortescue Metals Group has signed a joint venture agreement with a subsidiary of China-based Shanghai Baosteel Group Corporation, to explore and potentially develop a one billion tonne magnetite deposit in the Pilbara.