Nice article in the AFR the other day about Twiggy and FMG. High iron ore prices will ensure FMG gets the money to build a mine. In addition it will break the duopoly in the Pilbara, something the Japanese and Chinese are keen on.
MOL has a proven deposit, high moly prices are forecast over the coming years. Dont foreget the money MOL needs is lunch money compared to the FMG project.
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