CAPITAL MARKETS

Cockatoo Island weighs on Portman's quarter

THE Cockatoo Island iron ore joint venture will continue to underperform into the third quarter of 2003, according to Portman managing director Barry Eldridge, while the company finalises the mining plan for the project.

Brad Ricks
Cockatoo Island weighs on Portman's quarter

Eldridge said it was no secret that Cockatoo Island, a 50:50 joint venture project between Portman and Henry Walker Eltin, had affected the company's performance in the quarter, with a slip in the stage...

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