Todd finally gets A$7b Pilbara mine go-ahead

Todd finally gets A$7b Pilbara mine go-ahead
Pattrick Smellie in Perth
Todd Corp has finally prevailed over the long-standing efforts of minority shareholders in its efforts to green-light a $A7 billion-plus iron ore mine in the Western Australian desert.A single shareholder, OCJ Investments holding 22.5 percent of the company, broke a defiant deadlock that has run since Todd’s first takeover bid for ASX-listed Flinders Mines in 2015.The David and Goliath battle engendered deep distrust among minority shareholders towards Todd and, until today, had been able to count on the unwavering support of OCJ, a mysterious...

More Infrastructure

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees
Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees

The port says it's working with KiwiRail on 'long-term arrangements'. 

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Oliver Lewis 02 Jul 2025
Cost of Ōtaki to north of Levin highway nears $2b
Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b

In 2020, the lower North Island expressway was costed at just $817m.

Oliver Lewis 01 Jul 2025
The keys to unlocking Northport's land value
Infrastructure

The keys to unlocking Northport's land value

MMH's land is valued at five times less than its next-door neighbour, Channel.

Ian Llewellyn 30 Jun 2025