set to give australia a major new iron ore min, page-3

Thanks Denial.

CDB is already in talks re the syndication of the loan. EPA approval can only be weeks away at most.

In hindsight now, it would have been better to have kept Mungada in the EPA approvals as that would have got the OK too with employment, royalties and taxes being the main concern, over riding the earlier EPA concerns.

Shame, but at the time, it was the logical step required to prevent a snag delaying the project.