An article in the WEST...

An article in the WEST AUSTRALIAN

http://au.news.yahoo.com/thewest/business/a/-/wa/16444914/finally-kararas-day-arrives/

One of new Federal Resources Minister Gary Gray's first official duties will be to help celebrate the opening of Gindalbie Metals' $2.6 billion Karara iron ore project.

The ceremony, to be held on site in the Mid West in just over a fortnight, will be eagerly anticipated by Mr Gray and Premier Colin Barnett, who will also attend.

Karara's formal opening will mark the end of an at-times torturous journey for Gindalbie chairman George Jones and his quest to demonstrate that magnetite ore is not inferior to Pilbara hematite.

Karara's opening will also be a rare cause for celebration for WA's fledgling magnetite industry, which has promised much but so far delivered just one mine. The next most-advanced asset is CITIC Pacific's troubled Sino Iron.