MURCHISON METALS LTD

Murchison risks being run off the rails

Business Spectator reports the scale of the challenge confronting new Murchison Metals chairman, and former AGL chief executive, Greg Martin has been made clear by Monday’s presentation on the proposed Oakajee Port and Rail project and Murchison’s Jack Hills iron ore joint venture.

Murchison, a company with a market capitalisation of less than $300 million, is trying to develop projects with combined capital costs of almost $10 billion.