Evraz have a good record of realising value and being good operators, hence the reason why MCC offloaded 75% of Cape Lambert to them. The south deposit looks promising, especially considering the synergies that could be realised between the two projects.
If i were in TS's position I know i'd rather have a representative of a global multi-national rather than a group of unknowns with no track record of ever building a sustainable business.
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