it has only just begun, page-4

Besides MMX being the obvious winners out of this, the two that will benefit significantly are GBG (Gindalbie) and AGO (Atlas).

Both in the short term have/will have dso operations. Further both have smaller deposits and ready infrastructure for their preliminary exporting. That should put enough cashflow in so that by the time the port is ready, they will significanlty ramp up production from their massive magnetite resources ready to transport and ship.

This together with the RIO/BHP minegate considerations in the Pilbara is a clear sign that the demand for iron ore is here to stay for a long long time.