wdr shd joint venture

Great news for both companies and this will significantly reduce costs making the already good projects more profitable.
Both SHD and WDR are very cheap at these levels this is a company making announcement as we already have the resources.

Key points below

?
Major new bulk commodity stockpiling and exporting facility planned for the Gulf of Carpentaria.
?
2nd closest port in Australia to iron ore markets in Asia.
?
CAPEX of Roper Bar Iron Ore project significantly reduced through shared costs.