pilbara boom on track
National Monday Update Issue:
The proposed resources tax has failed to dampen the expansion plans for the booming Pilbara which has seen little in the way of production scalebacks or shelved projects.
Major players in the region, Rio Tinto, BHP Billiton and Fortescue have not altered their development schedules, with 200 million tonnes of iron ore planned for export by the middle of the decade.