NZ iron sand exports to boom as BlueScope adds Taharoa capacity, TTR seeks start date

Sun, 29 Dec 2013

Dec. 30 (BusinessDesk) – New Zealand’s iron sand exports could soar to almost 10 million tonnes a year by 2016, as Australia’s BlueScope Steel adds shipping capacity at its Taharoa site and Trans-Tasman Resources remains hopeful of approval for its offshore mining venture. ASX-listed BlueScope said last week it will introduce a 175,000 tonne slurry loading vessel at Taharoa, south of Kawhia, in 2016 and spend A$50 million through 2018 on mining, processing and ship loading equipment. The third ship will add 1.3 million tonnes a year of expo...

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