Road Builder eager for Grange iron ore project

Infrastructure group Road Builder (Malaysia) Holding is in talks with Australia's Grange Resources Limited in an effort to build a MYR 1.8 billion ($491 million) iron ore pellet plant in Northeastern Malaysia. Grange last month launched an international tender to form a joint venture for the project in Kemman, Terengganu. Road Builder Executive Vice Chairman Mr. Chua Hock Chin said “As a local contractor, we are more familiar with local costs and we have provided Grange significant inputs to maximize the cost-effectiveness of their projects”.