austalian dollar, page-11

WADR, BHP would buy something that is viable and will make money and sell anything that is not....as would RIO.
If this is not viable with a relitively tiny management overhead what makes you think it would be viable with the anchor of BHP management dragging behind it. Any one will have to spend money on the rail line to darwin to get the capacity to above 1/2 milion TPA (that volume would not even cover costs)
Then they would need to spend a lot of money on a rail to site to get the volume up to a point where you are producing so many tonnes that $10-20 / tonne profit is worth the effort.
Then they will need to spend a lot of money on Darwin port an to get it to the scale that can handle at least 3 million tonnes
Then benification and a further port upgrade.....nahhhh

This may be one that you sit on ready to go and open when the RP price bubbles, then you sell a quick 1/2 million tonnes and close it down again????