Sinosteel Midwest Corp., an Australian subsidiary company of China's Sinosteel Corporation, has said that it aims to start production at its $2 billion Weld Range iron ore in Western Australia by 2013, subject to development of port and rail works at Oakajee on the state's west coast.
Sinosteel is one of the main customers for the planned Oakajee deepwater port, a venture operated by Australia's Murchison Metals and Japan's Mitsubishi Corporation.
Giulio Casello, chief operating officer for Sinosteel Midwest, said the company aims to ship its first ore from Weld Range in early 2014.