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13/06/09
17:52
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GERALDTON ALLIANCE MEMBERS iron ore plans
MIS SINO STEEL- no epa apro = will shut down and go back to china.
MMX CROSSLANDS-1.8mtps dso. insignificant operation. unable to fully utilize geraldton port capacity. will close down when push comes to shove.
MGX-3mtp dso. insignificant operation. unable to fully utilize geraldton port capacity. will close down when push comes to shove.
AGO-no start up. only at 4mtpa concept stage = will not get off the ground when push comes to shove.
GWR-900K to port. only at concept stage. will not get off the ground when push comes to shove.
GBG-$200m already spent on 12mtpa startup concentrate operation. plan to ramp up to 30mtpa = able to fully utilize geraldton port at startup.
WHEN THE GUNFIGHT BREAKS OUT AT THE GERALDTON CORRAL, WHO WILL FALL TO THE GROUND AND WHO WILL BE LEFT STANDING ??
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