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Sustained Policy Moves By Chinese Government Accelerating Steel Industry Transition To Higher Quality Raw Materials

Tuesday, 21 February 2017

Second Round of CEIP Debt Financing Discussions being held in Beijing this week

There is growing support for our CEIP project to supply high-quality, lower-emission ore to Chinese steel mills facing stricter environmental rules as the attached article in today’s China Daily suggests:

http://www.chinadaily.com.cn/business/2017-02/20/content_28261675.htm

With reports that China plans to invest 2.5 trillion yuan ($365 billion) in renewable energy through 2020 to reduce greenhouse gases and is seeking to curb emissions by iron and steel producers, there is clearly a need for the CEIP’s product.

Mills are being compelled to upgrade their plants or cease operations if they fall short of standards, according to Bloomberg Intelligence.
Managing Director Andrew Stocks said that the policy moves in China support the CEIP’S high grade iron road product and the Company will be meeting with financiers in Shanghai and Beijing over the coming months.

“The consistent high quality nature of our product will deliver significant and compelling advantages as we seek to meet the growing high end supply gap in the iron ore market.

I very much look forward to building a Project that will become a trusted and reliable supplier of premium iron concentrates to the Asian marketplace.”

Read the full China Daily story here

 

 

Call for Registration of Preliminary Interest – Cape Hardy Port Development

Tuesday, 13 December 2016

Call for Registration of Preliminary Interest - Cape Hardy Port Development

On behalf of Iron Road, Regional Development Australia Whyalla and Eyre Peninsula (RDAWEP) is inviting individuals and businesses interested in utilising the proposed Cape Hardy port facilities for the import or export of goods and products to register a non-binding preliminary interest. Service providers essential for general port operations are also encouraged to take up this invitation to register a non-binding preliminary interest in this exciting opportunity. Registering a preliminary interest in what will be South Australia’s only Cape Class bulk commodity export facility will ensure that you are kept informed in the future about formal opportunities to utilise Cape Hardy and does not bind you, Iron Road or RDAWEP to any firm commitment.

Click here to obtain a copy of the Brochure: “Cape Hardy Port Development – Invitation for Registrations of Preliminary Interest”.
Click here to obtain a copy of the Brochure in Chinese: “哈迪岬港口发展计划初步意向登记邀请书”.

Follow the link to the RDAWEP website: http://www.rdawep.org.au/

Chinese Ambassador to Australia Visits Iron Road Office

Wednesday, 19 October 2016

The Chinese Ambassador to Australia Visits Iron Road

The joint project team of Iron Road–China Railway Group Limited (CREC) were honoured to receive his Excellency Mr Cheng Jingye, Chinese Ambassador to Australia, at Iron Road on Wednesday 19th October 2016. Andrew Stocks, Managing Director of Iron Road, provided the Ambassador with a brief introduction to the Central Eyre Iron Project and overview of how the positive partnership with CREC is progressing the project commercialisation plans and working towards potentially commencing construction in 2018.

It was fortunate that the visit coincided with the arrival of the two CREC specialist engineering teams from Kuala Lumpur and Beijing who were in the Iron Road project office working on the CEIP at the time.

ChineseAmbassador

Getting to know Australian Rail.....

Wednesday, 19 October 2016

Getting to know Australian Rail......

The Iron Road team welcomed two teams of specialist CREC engineers to the Adelaide office who will be reviewing and working in house on the Central Eyre Iron Project. As a matter of familiarisation, a number of trips were organised for the group including a day trip to Australian Rail Track Corporation (ARTC) head office where a significant portion of the rail network is logistically managed. The group was shown around the rail network management system at ARTC. This was followed by a visit to SCT logistics depot in Penfield, one of the rail freight companies in South Australia. Here, the group were given the opportunity to look inside a locomotive train at SCT and shown through the maintenance workshop. The visit offered the group an understanding of the way rail operates in Australia and the safety standards required to do so.

20161019SCTvisit

Infrastructure for Webpage Dec 2016

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Sustained Policy Moves By Chinese Government Accelerating Steel Industry Transition To Higher Quality Raw Materials

Tuesday, 21 February 2017

Second Round of CEIP Debt Financing Discussions being held in Beijing this week

There is growing support for our CEIP project to supply high-quality, lower-emission ore to Chinese steel mills facing stricter environmental rules as the attached article in today’s China Daily suggests:

http://www.chinadaily.com.cn/business/2017-02/20/content_28261675.htm

With reports that China plans to invest 2.5 trillion yuan ($365 billion) in renewable energy through 2020 to reduce greenhouse gases and is seeking to curb emissions by iron and steel producers, there is clearly a need for the CEIP’s product.

Mills are being compelled to upgrade their plants or cease operations if they fall short of standards, according to Bloomberg Intelligence.
Managing Director Andrew Stocks said that the policy moves in China support the CEIP’S high grade iron road product and the Company will be meeting with financiers in Shanghai and Beijing over the coming months.

“The consistent high quality nature of our product will deliver significant and compelling advantages as we seek to meet the growing high end supply gap in the iron ore market.

I very much look forward to building a Project that will become a trusted and reliable supplier of premium iron concentrates to the Asian marketplace.”

Read the full China Daily story here

 

 

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