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. Ministerial approval from here is just a formality.
The construction of the Solomon project also means there will soon be a FMG railway spur just about 50 km east of the Flinders Mines deposit, so this bodes well for FMG and Flinders forming a JV similar to it's BCI/FMG one. I for one am loading up on FMG and FMS shares.
It's amazing to me that such a significant regulatory approval could get so little attention!
solomon project - key approval obtained
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