And Rio Tinto runs railways and port infrastructures....they don't need UMNG's assistance.
2007 Rio Tinto annual report:
Page 43:
Hamersley Iron (Rio Tinto: 100 per cent) Hamersley Iron operates nine mines in Western Australia, including three mines in joint ventures, about 700 kilometres of dedicated railway, and port and infrastructure facilities located at Dampier. These assets are run as a single operation managed and maintained by Pilbara Iron.
Page 44:
Iron Ore Company of Canada (Rio Tinto: 58.7 per cent) RTIO operates Iron Ore Company of Canada (IOC) on behalf of shareholders Mitsubishi (26.2 per cent) and the Labrador Iron Ore Royalty Income Fund (15.1 per cent). IOC is Canada’s largest iron ore pellet producer. It operates an open pit mine, concentrator and pellet plant at Labrador City, Newfoundland and Labrador, together with a 418 kilometre railway to its port facilities in Sept-Îles, Quebec. IOC has large quantities of ore reserves with low levels of contaminants. Products are transported on IOC’s railway to Sept-Îles on the St Lawrence Seaway. The port is ice free all year and handles both ocean going ore carriers and Lakers, providing competitive access to all seaborne pellet markets and to the North American Great Lakes region. IOC exports its concentrate and pellet products to major North American, European and Asian steel makers.
and on Page 97:
Paul Tellier, one of Rio Tinto's directors was CEO of Canadian National Railways for 10 years:
Paul Tellier age 68 Appointment and election: Director of Rio Tinto plc and Rio Tinto Limited effective October 2007. Paul will stand for election at the 2008 annual general meetings (notes a, b and e). Skills and Experience: Paul was Clerk of the Privy Council Office and Secretary to the Cabinet of the Government of Canada from 1985 to 1992 and was president and chief executive officer of the Canadian National Railway Company from 1992 to 2002. Until 2004, he was president and chief executive officer of Bombardier Inc. External appointments (Current and recent):Director of Bell Canada since 1996. Director of BCE Inc since 1999. Member of the Advisory Board of General Motors of Canada since 2005. Trustee, International Accounting Standards Foundation since 2007. Co-chair of the Prime Minister of Canada’s Advisory Committee on the Renewal of the Public Service since 2006. President and Chief Executive Officer of Bombardier Inc. from 2003 to 2004. Non executive Director of Alcan Inc. from 1998 to 2007. Director of McCain Foods since 1996.
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