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Ann: TNG and rail operator in agreement for logistics to Darwin, page-41

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  1. 4,795 Posts.
    lightbulb Created with Sketch. 4709
    "Just goes to show how deep their pockets are... we must slide into small end of things for them"

    Thats right Journeyman, as you guys probably already know, POSCO will construct the $16.5 billion coal and Rail project for Adani in Queensland, that project has all the big contractors preparing themselves for a whole lot of packages of work to be tendered and let and this is despite the shelving of many mine expansion projects and even the closure of some mines across the country due to Iron ore and Thermal coal hitting Rock bottom.

    Rock bottom pricing and still progressing and pusjing funds into the the project.

    Why? well the appetite / demand for minerals and in particular steel is predicted to catapult in the next 2-5 years for a start, which of course feeds price.

    Good Value for money will will be thinking for getting TNGs product in Peak up and out of the dirt imo
 
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