The Australian reported that an ambitious rail plan to create a new Australian steel industry by linking coalfields in the east with mines in the west has taken a step forward with a top Japanese consultancy agreeing to help develop a feasibility study.
The Nomura Research Institute has agreed to participate in the early stages of the multi billion dollar Project Iron Boomerang, which also involves the consulting arm of Britain's TATA Steel.
Source:
http://www.steelguru.com/international_news/Top_End_rail_plan_for_new_steel_industry/294214.html
