Runaway train set to derail miner's sales

Mining giant BHP which owns the four-locomotive train decided to derail before it reached the town of Port Hedland near its Western Australia Pilbara site and flicked the points

BHP does not believe its stockpiles of iron ore at Port Hedland, in Western Australia's Pilbara region, will be sufficient to meets its contracts with customers following the deliberate derailment of an out-of-control train.

Mining giant BHP, which owns the four-locomotive train, chose to derail before it reached the town of Port Hedland near its Western Australia Pilbara site, and flicked the points.

The driver of the BHP-operated train stepped out of the locomotive early on Monday to inspect an issue with one of its 268 wagons and it took off without him.

The train was travelling at an average speed of 110 kilometres per hour before the derailment at Turner, 120 kilometres south of Port Headland. No one was injured and the incident is under investigation.

"We can not speculate on the outcome of the investigation, however we are working with the appropriate authorities and our focus remains on the safe recovery of our operations", the BHP spokeswoman said.

"We are working with the appropriate authorities to investigate the situation", a BHP spokeswoman said.

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"Recovery operations are under way".

The train crashed off the rails, damaging around 1,500 metres (1,600 yards) of tracks, but hurting no one.

Mining giant BHP, which owns the four-locomotive train, made a decision to derail before it reached the town of Port Hedland near its Western Australia Pilbara site, and flicked the points.

A mining insider told Perth Now the incident could cost the company an estimated $55 million a day or 3m to 8m tonnes of production.

Port Hedland is the world's largest iron ore exporting terminal, used by BHP as well as other miners.

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