iron ore price

Three laps around the planet, a $300 million shortcut and a former Wallaby with a plan to get WA’s Mid West iron ore moving. What could possibly go wrong?

Every day, Fenix Resources' road trains travel a combined 120,000 kilometres, the equivalent of three laps around the planet, hauling iron ore across WA's Mid West, and now former Wallaby John Welborn reckons a $300 million shortcut could help transform the region's mining industry, provided he can get the economics right, keep shareholders happy and resist talking about rugby long enough to build the bloody thing.