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presumably fdl has plus 50% fe similar to fmg as channels are joined on map satellite etc

fmg will be catalyst because it will bring more focus to pilbara

martin ferguson has told rio and bhp to smarten act re rail
transport for fmg and others

fdl becomes a strategic stake for either rio or fmg or a nuisance if they decide to go it alone

rio or fmg might like a 300m ton resource upgrade for a fracyion of its value to them