Ok, I'm ex-rio IO so maybe slightly biased as well. But to operate in bulk commodities such as iron ore it is an infrastructure business. In order to invest the huge $$ that Rio are in infrastructure you need to develop deposits sequentially. Stronger for longer, etc
Rio are in the process of expanding their operations to 600mtpa and this project will be part of that expansion. How much work/$$$ does this pull into WA??
Cazaly are opportunitists looking to take something from Rio after they lost the shovelanna case. They must enjoy spending their time in lawyers offices.
Rio very confident and I'm pretty confident they will win this case.
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