MMX 0.00% 4.7¢ murchison metals ltd

wa govt infrastructure statement, page-3

  1. 1,433 Posts.
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    Its good news for mmx as they now will definitely have their own rail link to take their 25 million tonnes / year to port.

    But its not good news for Yilgarn because they won't have the volumes that mmx can provide. Also MIS is now in a very difficult position because the mmx/mitsu line will be at their door step at JH and WR. So why would they pay more money to have a 2nd line when there will already be one there? MIS have some very hard decisions to make.

    The other miners can do what ever they like.

    Re Port: MMX/MITSU would have to be favoured with the proven performance of mitsub in this type of construction.

    If mmx/mitsu win the port tender i would expect the yilgarn proposal to fail completely.
 
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