So Xstrata decided to backs!...

So Xstrata decided to backs!

http://www.theaustralian.com.au/business/wall-street-journal/xstrata-backs-wiggins-island-expansion/story-fnay3vxj-1226411578274

Xstrata backs Wiggins Island expansion
The Australian
June 29, 2012 12:00AM

SWISS miner Xstrata has agreed to a $110 million pre-commitment for an expansion of the $2.5 billion Wiggins Island Coal Export Terminal at Gladstone, boosting the chances that the expanded port and the associated $1bn Surat Basin rail project will begin exporting by 2016, The Australian's Matt Chambers reports.

Yesterday the coalminer-owned WICET confirmed a report earlier in the week in The Australian that Xstrata, Stanmore Coal, Cockatoo Coal and Aquila Resources had been chosen to export through the planned terminal. The four signed capacity commitment deeds this week, WICET said.