What you find Chris also is really really massive global projects- there are typical multiple partners - even the big guns like bhp, Rio,glencore etc do it ( as many of the new major copper projects will demonstrate this when you check under the hood for ownership).
why I am particularly excited about this specific deal is the quality of the partners - we are bringing best of breed of all parties. Also the Japanese are quite parochial with their souring - preferring to buy from Japan companies. That’s why this deal is Bloddy fantastic for ARL. As I mentioned there will be additional benefits that come out of this. The sum of the parts are greater together will all involved…. Time will tell how this works out. We are moving forward now.
Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-96
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