china firm to build wa iron ore project, page-5

I know they are intrested in CFE but i would think it would be for their rights at cape preston not cape lambert. If it was so then that would be great as i hold these.

This is an extract from Western australian paper a few weeks back.
Mr Burston said it was too early to comment on the nature of Citic's interest, which comes in the wake of its $290 million payment for the mining rights to a billion tonnes of magnetite at Clive Palmer's Cape Preston project, 80km to the southwest.

Citic last week said it was pushing full steam ahead with plans for a $US2.5 billion ($3.2 billion) magnetite mining and processing venture at Cape Preston, where it also has options to acquire the mining rights for another five billion tonnes of magnetite from Mr Palmer's Mineralogy group.