This should also silence the critics of the deal, imo. Basically...

This should also silence the critics of the deal, imo. Basically avb had the option of doing a deal with Vale or nothing really. No one else would be interested and it only makes sense for Vale because it's an extension to their project. So the deal which has been struck is a win-win for both Vale and AVB.

I'll be curious to see if there is any other commercial mineralisation. I don't expect it but it seems others do. Time will tell and I'm quite happy to be wrong.