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Aquila Resources executive chairman Tony Poli.

Aquila takeover targets $6bn Pilbara project

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.

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Also note CITIC is telling WA Govt. it is "looking to take charge of the Oakajee Project"

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Total Shareholder Return as at 30/09/16

1 year TSR5 year TSR
36thEvolution Mining105%15%
304thAurizon-1%12%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

31st-Aurizon$3,458.0m
51st-Novion$760.3m
54th↑Evolution Mining$666.3m
59th-Sedgman$359.3m
61st↑Ausenco$252.8m
80 listed non wa companies ranked by revenue.
Source: Morningstar

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