Australian iron ore to China. Territory Resources, an Australian resources group, has sent its maiden shipment of 65,000 tonnes of high grade iron ore from the Port of Darwin to China.
Territory Resources chairman Michael Kiernan said, ‘This will be the first of many shipments for Territory, with four cargoes planned until year’s end and initial annual production being 1.5 million tonnes.’
He said the great advantage is access to quality infrastructure of the Adelaide to Darwin rail line and the world class ship loading facility at Darwin.
He said, ‘This is a great credit to the Northern Territory Government, which has invested some $25 million to build the ship loading facility, and which will undoubtedly pave the way for the opening of further development throughout the Northern Territory.
‘It is our view the Darwin Port will become a growth port for Australia, being the closest mainland port to China.’