IOH 0.00% 70.0¢ iron ore holdings limited

FMG are undertaking a $8.4 BILLION expansion to reach 155 Mt/pa....

  1. 200 Posts.
    FMG are undertaking a $8.4 BILLION expansion to reach 155 Mt/pa. So you want to add another $6+ BILLION on top of that?

    Yes, FMG have proven they can build rail and port, but how much can then take on and considering the problems with BHP & RIO owning the rail, FMG owning their own rail AND Anketell port/rail, is this in the best interest of opening up the Pilbara to smaller miners?
 
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