With every likelyhood of IO over-production from the majors one has to consider if the whole Oakajee/central west IO project will ever go ahead? An article today on FMG thread illustrates how FMG alone intends in to increase production 7x from 50-350million tons/annum!! It's absurd imo to think that China et al can absorb hundreds of millions of tons of EXTRA IO coming onstream.