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Australian iron ore developer Murchison Metals Company claimed that the discussion of its joint venture company Mitsubishi Development Corporation, Crosslands Resources and OPR company on the the Crosslands company JackHills iron mine expansion project (the JHEP) and the OPR port and rail infrastructure The timetable for the construction projects have been revised.
revised as follows: OPR budget and engineering design of infrastructure projects completed in the fourth quarter of 2010; second quarter of 2011 to complete the expansion project of OPR and JackHills, financing feasibility studies; late 2011 to early 2012 to make a final investment decision; end of 2014 to early 2015 the first batch of goods from the port of shipment.
JackHills iron ore project is located in the central and western regions of Western Australia, to Crosslands company world pie network information , the company owned by Murchison Metals and Mitsubishi Group, Japan's Mitsubishi Development Corporation holding 50%. The the Crosslands company's goal is to JackHills expansion project annual production of 2500-3500 tons, including direct transport of iron ore, sinter hematite and magnetite concentrate. Initial feasibility study showed that the project can be transported directly to the iron ore output up to 10 million tons. The project is produced by the iron ore of good quality, so in the global steel market has a strong appeal World steel pipe network editing .