At first there was talk of a pipeline to carry iron ore concentrate from the Sishen mine in the far Northern Cape all the way to the Atlantic Ocean. This was more than half a century ago and then, just as now, water was a scarce commodity, so sending a slurry of concentrate hundreds of kilometres to a harbour was a pipe dream.

Next came the plan to build an 850km railway line from the rich iron ore deposits - owned at the time by Iscor - to Saldanha Bay on the West Coast. This meant a commitment of hundreds of millions of rands, but it seemed a good bet as Japan's steel industry was eager to buy SA's ore...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.