If China's growth is between 6.5 to 7% that is very promising for Iron usage. China's Iron Ore usage now is huge, growth of 6.5 to 7% will ensure that the price should remain higher for longer.
High iron ore price for several months now (>$US$80) will ensure that the debt will be paid off, and there will be money for Corrunna Downs, a credit rerate and entry into ASX300.
Sooner or later we should start hearing talk about the "Imminent Rail Deal" that was mentioned a few years ago. Two railways running nearby and they were striking a deal with one of the owners before the IO collapse, no reason why this can't be revisited again, maybe as the contractual agreements are nearing an end. They will most probably trade some of their 46MT/PA port allocation as they mentioned.
http://www.insideconstruction.com.au/site/news/1020107/atlas-rail-deal-‘-progress’
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