Skegs, you better hope this doesn't become a legal stoush.
It it is, it could be a long long long time of waiting.
FMG can go to court and maintain there is no extra capacity and other arguments to frustrate the process and endless appeals.
Neither is the Chinese stupid and get stuck at a deadlock. It's not in China's interest. They know despite the SEEMINGLY favourable decision, the Australian state and federal government know Communist China is driving the agenda and this is as good as it gets for the China.
Soon, they will do the right thing and acceptable commercial terms regardless of the ERA thresholds.
BTW, this is not even a commercial issue.
It's STATE MONEY.
They want security of supply and to get a toe hold in the Pilbara.
Skegs, you better hope this doesn't become a legal stoush.It it...
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