news ?, page-24

Best case scenario Sturm is they can't take it out. Then they clean up on political insurance risk.

Actually, the Russians, Chinese etc are likely to purchase it. Despite what you might think, mining in these countries isn't conducted with picks and shovels still.

This may also come as a surprise to you but there is an active secondary market in yellow goods all over Asia - like the rest of the world - so no selling it into Asia won't be a problem.

Ouinet

You wouldn't find anything written anywhere MAH losing the CC contract. However, it remains a significant risk given the decline in the Iron Ore price and Fortescue's desire to cut costs. Most of the equipment under this contract is provided by Fortescue though so the main impact on MAH would just be restructuring head office to get costs down further.