The mangled wreckage of BHP's runaway train which derailed in Western Australia

Wagons and ore cover the track

Wagons and ore cover the track

The head of mining giant BHP has assured customers it will fulfil its contracts to supply iron ore, despite a dramatic freight train derailment in remote Western Australia disrupting exports of its most lucrative commodity. No-one was injured in the incident.

Despite that, BHP have said there is enough iron ore stockpiles Port Hedland for their operations to continue around Western Australia.

"We will be liaising with our customers in relation to our contractual commitments over this period", a BHP spokeswoman said.

Industry specialists were confused about why the train would have run away down the tracks.

While the driver was outside of the locomotive, the train commenced to runaway.

The driver of the 268-car train had stopped around 80 kilometres earlier to inspect one of the wagons.

'With no one on board, the train travelled for 92 km before being deliberately derailed at a set of points operated by the control centre, about 119 km from Port Headland (near Turner siding)'.

BHP's shares closed 0.48 percent lower to Aus$33.39 (US$24.18) in Sydney Wednesday as reports in Britain said the Anglo-Australian firm was facing a £5 billion (US$6.5 billion) lawsuit over the deadly Samarco dam failure in Brazil in 2015.

The mining company also told The West Australian it is working with authorirites to investigate the situation.

On Wednesday, the company also said in a statement it can not speculate on the outcome of the investigation.

BHP confirms the suspension of normal train operations but all of its main mines remain operational.

"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.

Transport Minister Rita Saffioti said the National Rail Safety Regulator had been informed and was investigating.

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