Looks like a bit more space freed up for export through Kwinana port. A little bonus for MIN and CAZ perhaps (I hold both).
Rio terminates Kwinana HIsmelt plant
"HIsmelt's failure could prove a boon for some of the Yilgarn's smaller iron ore mining hopefuls, including Nathan McMahon's Cazaly Resources and Chris Ellison's Mineral Resources, which are eyeing space at the Kwinana bulk handling port dedicated to HIsmelt but now no longer required."
http://au.news.yahoo.com/thewest/business/a/-/business/8675148/rio-terminates-kwinana-hismelt-plant/
cheers.
kwinana port space
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