Frantic,
"Well there are capacity restraints at pilbara ports with RIO increasing production by a massive margin so even if they did want some poor rate pilbara dirt, no way for it to be shipped out anytime soon"
Have you not heard of the plans to create an outer port in port hedland to accomodate this? And what about the second berth FMG are currently constructing in the inner harbour?
Also there is a new port facility being constructed by Citic in Cape Preston to accomodate the Balmoral IO projects.
it is not crazy, page-63
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80.5¢ |
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Mkt cap ! $160.8M | |||
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