teck in acqusition hunt !, page-6

True, in fact the Glencore / Xstrata merger is all about IO as the startegic direction.

I would even include the Indians in the mix (who have been very active looking at Brazil and Africa).

Then there is BHP (who have scaled back on all acquisitions, are selling assets) and decided to postpone the outer harbour development.

Vale has always hinted an interested in Oz IO assets. It also canned their Guniea project.

The Chinese even may join in.

Then there is a potential FMG/AGO merger to keep the wolves from the door.