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URL:  http://boards.fool.com/esperance-port-expansion-29796400.aspx

Subject:  Esperance port expansion Date:  1/22/2012  6:48 PM
Author:  blesto Number:  185 of 195

Esperance port expansion seen as big win for Yilgarn iron-ore growth
The Western Australian Chamber of Minerals and Energy (CME) on Friday welcomed the state government’s commitment to expand the capacity of the Esperance port.
Transport Minister Troy Buswell said this week the decision to expand the port’s capacity from the 11-million tons to a potential 20-million tons a year was influenced by a recently completed study into the Yilgarn province’s burgeoning iron-ore industry, and the fact that A$120-million was being spent to upgrade the port’s road and rail access.
“The Yilgarn province is a rapidly developing iron-ore region and, based on current iron-ore prices, has the potential to earn the state up to A$150-million a year in royal