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Iron ore start-up Fortescue Metals today said it had entered into a deal with the Western Australia state government for its planned open access rail line in the state's north-west.
The deal provides a legal foundation for the land and operational tenure of Fortescue's planned port and rail infrastructure. The agreements provided certainty to Fortescue for the construction and operation of its own rail line and port facility, the company said in a statement.
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