RIO are going ahead with a new mine in pilbara.Koodaideri mine will be in 3D with Robotic trains .The infrastructure will begin next year.Iron ore expected in2021.
BHP announced plans to invest $us2.9 Billion dollars in its South Flank iron ore mine also in the pilbara.
FMG gave the green light to its $us 1.9Billion dollar Eliwana iron ore mine in the pilbara.
The Todd family with their control should of started infrastructure 6 months ago.Thy need to do a joint venture with Vale, who can blend their high grade ore, with FMS.Thy have been waiting, for the right project to take on .FMS is it .
Come on Todd do it.
FMS Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
