Very interesting coversation this, and I don't have as broad a knowledge of the infrastructure in the area as some of you.
However, if you used the same amount trucks, and the travel time (to Leonora) was approx. 25% of your current route, you're moving 4 times as much IO.
Combine that with 24 hour operations, and you get pretty close to maxing out your 7 miilion tonnes.
Assuming the rail line you're talking about runs from Leonora to Esperance.
Please pull me up quick smart if this is outside the realms, or if the logistics at each point don't allow.
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