In The Bull weakly I read the following in respect of FMG: The...

In The Bull weakly I read the following in respect of FMG:

The iron ore giant will spend $US1.275 billion on building a new mine in Western Australia. The project will include an additional 143 km rail spur, a new 30 million tonne a year dry ore processing facility and associated infrastructure. Production is due to start in December 2020. FMG will deploy capital in stages, with the bulk of spending expected in fiscal year 2020. Hold for now.

This would be the Eliwana Project that FMG announced on 28 May 2018. Is that work still up for grabs? The 143 km railway is interesting?

If RIO hangs back too long with its asking for tenders, it risks going to market when capacity is being squeezed, and hence higher tendered prices. I think RIO may wrap up its expansion deals (Koodaideri) earlier than expected. The information at http://www.mining.com/rio-tinto-to-start-building-massive-koodaideri-iron-ore-mine-in-2019/ mentions “next year”, but I am unsure if that means calendar year or financial year, but whatever it means, I imagine that if NWH gets work, we will know by June 2019.