consolidation

I think CITIC of which the Chinese Govt is the major shareholder has previously indicated that it intends to on sell 50% of its interest in the central block to a Chinese company with steel making interests.

MCC, which i believe is wholly owned by the Chinese Govt , is obviously taking a good look at ARH and has been involved in the construction of all the major steel making plants in recent times in China, apparently.

Given the relative close distance between the two ore bodies and their CG link is it possible that they could establish joint ore processing plants, rather than each build separate plants close to each other?

Surely this would create greater synergies and reduce both capital and production costs.

The situation whereby the one party owns three distinct huge ore bodies so close together is certainly unique and seems to lend itself to a number of corporate possibilities.