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BC, Fortescue agree to NJV tariff changes

BC Iron and Fortescue have agreed to vary the rail and port tariffs of their Nullagine joint venture, in which BC has a 75% interest and Fortescue 25%.

Nadav Shemer
A Fortescue-operated Cat 793F mining truck operates in the Pilbara

A Fortescue-operated Cat 793F mining truck operates in the Pilbara

They will begin a trial arrangement whereby the tariff paid to Fortescue varies according to the iron ore price for the next three months. The tariff will decrease or increase by US$0.50 per wet tonne...

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