Ann: Red Hawk Notified of Forecasted Port Capacity at Utah Point, page-9

Further to this Fenix is has also given the green light to a new 1mtpa IO project called Beebyn W-11 as per below.

https://www.miningweekly.com/article/fenix-to-build-new-wa-iron-ore-mine-2024-07-25

Note the timeline:
" Fenix is progressing with project execution work and approvals, anticipating all regulatory and environmental approvals to be received during calendar year 2024.

“It’s an exciting time for Fenix with Iron Ridge continuing to perform strongly, the recommissioning of the Shine iron-ore mine under way, and Beebyn-W11 expected to commence production in early 2025.

Based on these comments, it is envisaged that to set up the processing plant is somewhere in the vicinity of 3-6 mths for a similar sized operation.

It appears RHK therefore appear to have realistic timelines in comparison to peers for the processing plant.