SYDNEY, Sept 8 (Reuters) - State-owned China Railway
Materials Commercial Corp has struck a strategic alliance with
Australian iron ore explorer FerrAus
Under the agreement announced on Tuesday, China Railway Materials will take a 12 percent stake in FerrAus and undertake to help build rail and port facilities which are needed to haul ore from FerrAus's resources in the eastern Pilbara to the west coast for export.
(Reporting by Mark Bendeich; Editing by James Regan)