Strike says planned Peru railway will link its 20Mt/y project to port

Plans for a 570-km multiuser railway from the inland city of Andahuaylas in southern Peru to the mineral export Port of San Juan de Marcona on the west coast of Peru will significantly improve development prospects for Australia-listed junior Strike Resources’ 20-million-tonnes-a-year iron-ore mine. The company, in the past, has mined and sold small quantities of iron-ore from its Apurimac project – considered one of the world’s highest-grade, large-scale magnetite deposits – but a suitable transport solution has held back large-scale development of the mine.