Ann: Annual Report to shareholders, page-11

They should be producing 8 million tones by now in stage one (not 16 million - that's stage two).
They should still be getting a higher price for 65 - 66% Fe. It is a good question to ask the company though and see what the response is ?

I see Barnett is threatening a higher royalty on DSO - had to happen IMO. Someone has to save these so called Managers at Rio and BHP. I wouldn't let these muppets run a corner store - can't even get their collective feeble minds around a simple concept like supply and demand.