RHK 0.00% 83.0¢ red hawk mining limited

solomon project (fmg) gets key approval

  1. 97 Posts.
    Something that doesn't seem to have got much attention today is that FMG's Solomon project, Australia's largest iron ore project, got WA EPA approval - see http://edit.epa.wa.gov.au/EPADocLib/Rep%201386%20Sol%20Iron%20PER%2014311.pdf - something achieved in record time for a project this large.

    Once constructed, the Solomon project will have a railway spur just about 50 km east of the Flinders Mines deposit, which has got to be a positive for Flinders. I for one am loading up on FMG and FMS shares at current prices.
    A FMS/FMG JV, similar to the BCI/FMG JV that made BCI what it is today, has got to be a distinct possibility, imho, now.
 
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