Its hard to say how many but the announcements made to date suggest the port capacity will increase by 9Mtpa. I'd say Cliffs and Mineral Resources will take at least 1/3rd of this as they are already established miners and no risk of not using the port space. I can't see more than 3 or 4 others getting port space as most are aiming for 1.5Mtpa or higher for their project to be economic. Difficult to say who is in the box seat as a lot of projects are at differing stages.
LCY Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held