Aurizon Shares Fall After Start of Iron Ore Services in Western Australia

MT Newswires Live

Nov 14

Aurizon (ASX:AZJ) shares edged off in afternoon trade Friday after the company announced Thursday that it has started iron ore rail services for mining company Yilgarn Iron in Western Australia.

The company is delivering the haulage under a new contract, transporting up to 4.4 million tonnes per year of iron ore through the company's current rolling stock and infrastructure, according to a statement on Thursday.

Trains are running from Koolyanobbing to the Port of Esperance for export, with services continuing through to the end of 2029.

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