Today's story is the first time I can recall it being revealed that Tata itself is a key participant in BCE export talks with the vic govt.
The implications of this are very significant.
Tata are to the brown coal pilbara story what bhp and rio were to the real pilbara in the early days. Govt can't fund infrastructure for the benefit of private enterprise, the private sector has to.
If Tata will fund rail and port infrastructure to get BCE product out of the lv then mnm's huge lv bc tenements become as potentially valuable as thermal coal ground.
All the signs from the leaked cabinet papers are that Tata is ready to draw some cheques to get at Victoria's 500 year supply of brown coal.
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