Talks aim to buy Cockatoo Island site

Written on the 25 March 2017

The liquidator maintaining the Cockatoo Island mine site is negotiating with an interested party to buy the iron ore project as traditional owners fear a lack of attention could lead to an environmental catastrophe.

It has been more than two years since Pluton Resources collapsed into receivership.

But Bryan Hughes of Perth-based Pitcher Partners said his company was working on a deal that would see the new owners inherit all environmental responsibility.
Mr Hughes said the mine would return to full working status.

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