Keywords here being:
- may be operational as early as 2012
- UMC they are aiming for 10Mt per annun by then
- rail access negotiation set to commence
It is nice though that they re-highlighted 84Mt 60% Fe though.
Personally, any changes tomorrow will be decided by how US goes tonight more than this announcement (Fannie or Freddie due to report results to today, can't remember which one).
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market sensitive annnouncement, page-12
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