News Analysis: Northern Territory, Australia, Is A Iron Ore Mining Bonanza with Extensive Estimated Deposits. A New Iron Ore Mine being Operated by some Smart Businessmen understand one has to: “Go Where The Ore Is”; A Truthful Credo. They have built the Mining Operation and the needed Infrastructure for its support.
Northern Territory has about a population of 230,000+ living in an area of 1,349,000+ Km2 (520,000+Mi2) so Infrastructure has to be included in any Projects considered by Investors.
Some Miners say there could be up to two billion tons of Iron Ore in the Northern Territory (yet less than 20% of the area has been explored). As such, Entrepreneurs may want to consider investing in Exploration/Production Companies operating there. Investments made Today can bring Profits Tomorrow to Aggressive Investors. Reality.
Reference: http://www.ntnews.com.au/business/biggest-mine-for-20-years-opens-in-nt/story-fnk2tq5v-1226779019283