FMG holder here, but also a long term holder of ANS (formerly PDY), and this is exciting on two fronts.
Other than the obvious FMG interest, this may help unlock other I/O deposits in the region, notably ANS's "Peak Hill" deposit.
It would be a win-win if ANS (and others in the region) could access the FMG/Sinosteel infrastructure at a fair price to deliver their ore to customers as well.
A simple GMap to show the relationship between Jack Hills and Peak Hill, and the possibility of trucking ANS ore to Jack Hills.
Exciting times!
Ann: Fortescue and Sinosteel Memorandum of Understanding, page-29
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