Zhitong Financial APP News, Blackwood Mining (00159) announced that the company noted that Mineral Source Mining Co., Ltd. issued an announcement that it had entered into port and railway agreements with Hancock Prospecting Pty Limited and Roy Hill Holdings Pty Limited.
Blackwan welcomes the agreement and notes that under its transfer and joint venture agreement with Mineral Source Mining, Mineral Source Mining will provide a logistics solution to transport ores from the Marillana and Ophthalmia projects to the port storage yard in Port Hedland for loading to cargo ship exits.
Blackwan looks forward to the Pilbara Port Authority's award of Stanley Point Berth 3 capacity allocation at South West Creek, as well as the final investment decision on Mine Source Mining and Hancock.