The application by the NWIOA to the ACCC was to get permission to jointly negotiate with BHP-RIO and FMG,instead of individually as is the norm. BHP said they have no problem with dealing with the three companies as a group.
Regardless of whether the NWIOA have a Chinese Group who is prepared to finance/build the rail/port infrastructure or what ever,they still need to go through the process of trying to get access to the rail systems of BHP,FMG and RIO.
Regards Westcott.
BRM Price at posting:
$3.47 Sentiment: None Disclosure: Held