Government will canvas the companies in and around the mid-west area and assess their opinions on who is best to do the job for them. These are the eventual customers. The government will ultimately operate and maintain the infrastructure and the paying customers must agree from the beginning on the suitable candidate. That's why we see a lot of equity particpation from Sino, Posco,etc in iron ore companies around that area.
At the end of the day, the strength of POSCO and Mitsubishi should win. But then, government seems to make the wrong decisions all the time.
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