Independent journal on economy and transport policy
07:28 GMT+1
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The ability to port the Australian Lambert Chief will be increased by 133 203 million to tons
The port of call is of property of the Things River (Rio Tinto, Mitsui & Co., Nippon Steel Corporation and Sumitomo Metals Industries)
September 25, 2012
The ability to mineral export iron of port the Australian Lambert Chief will be increased of 70 million tons per year replacing current harbour infrastructures with new docks. They have announced the partner of the Things River, joint venture participated from the mining group anglo-Australian Rio Tinto (53%) and from the Japanese Mitsui & Co. (33%), Nippon Steel Corporation (10.5%) and Sumitomo Metals Industries (3.5%) that it possesses the Australian port.
Currently the port, that it is situated in the region of Pilbara in Western Australia, is about to construction in order to increase of the ability to annual traffic from 80 million to 133 million tons. However the partner of joint venture, that they must still approve of the decision, intends to per year increase the ability to the port to 203 million tons within the first half of 2015.
The industrial group Japanese Mitsui & Co. it has specified that for the expansion of port Lambert the Chief USA 1,56 billion dollars have programmed an investment of 1,50 billion dollars Australian () through the society integrally controlled Mitsui Iron Hours Development Pty. Ltd.
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