PE group Quinbrook proposes $2.4b 'green iron' facility in Australia's Queensland

PE group Quinbrook proposes $2.4b 'green iron' facility in Australia's Queensland

Private equity group Quinbrook Infrastructure Partners said on Monday it would start work on a new iron ore mine and “green iron” processing facility in the state of Queensland which could cost as much as A$3.5 billion ($2.4 billion).