Tribunal Protects Rio Tinto's Railway Line in the Pilbara

Rio Tinto has welcomed the decision to keep its railway line in Western Australia closed to smaller iron ore miners. The Australian Competition Tribunal backed Treasurer Wayne Swan's decision to reject Fortescue Metals Group's application to open the rail line in Western Australia's Pilbara region to other users.

Iron ore train, Pilbara. Image Credit: © 2010 Rio Tinto - All rights reserved.

Fortescue Metals group wanted to use BHP Billiton's Mt Newman rail line. However the tribunal only said that BHP Billiton and Rio Tinto had to open their two smaller and lesser used railway lines to negotiations with third party haulers.

This would benefit smaller iron ore companies such as Atlas Iron and Aquila Resources. David Flanagan of Atlas expressed great happiness over the new possible negotiations with BHP Billiton over the rail line use.

Rio Tinto chief executive Sam Walsh said that he was pleased that the access application over the major Pilbara railway line had been refused. Mr. Walsh felt that the integrated operations of Rio Tinto would be severely disrupted if they were to allow third parties to operate trains on their railway system.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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