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Mitsubishi's $6.7 billion Oakajee project scuppered by costs blowout and Chinese demurral

Marc Howe | November 09, 2012 | 12:02 am Energy Asia Australia China Europe Coal Iron Ore 

Mitsubishi's AUD$6.7 billion Oakajee port and rail project in Western Australia has been put on hold as the company cuts costs in the face of adverse economic conditions and struggles to obtain Chinese investment support. The Brisbane Times reports that...

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