CAPITAL MARKETS

NCC recommends third-party Pilbara rail access

THE National Competition Council has today called for BHP Billiton’s Goldsworthy railway line and Rio Tinto’s Hamersley and Robe railway lines to be opened to third parties, a move welcomed by Fortescue Metals Group, but slammed by Rio.

Kristie Batten

NCC recommends third-party Pilbara rail access

Rio has opposed the draft recommendation, saying it would put at risk billions of dollars in future investment and rapidly erode national wealth. News of the draft recommendation represents a win for...

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