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Fortescue opens up rail network

Even as it continues a protracted legal fight to obtain access to the existing rail facilities of Pilbara rivals BHP Billiton and Rio Tinto, Fortescue Metals Group has opened up its own network to other miners.
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Fortescue subsidiary The Pilbara Infrastructure (TPI) and Atlas Iron have signed a three-part Pilbara port handling, shiploading and rail haulage memorandum of understanding. In a one-year deal from next March, TPI will handle 1 mtpa of iron ore from Fortescue’s Pardoo DSO project, 10mtpa of magnetite concentrate from Atlas’s Pardoo magnetite project and 3mtpa from Atlas’s Abydos DSO project. It covers port handling and shiploading at all sites, but rail haulage for Abydos only.

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