Looks like the Chinese appetite for steel (and its commodity components - nickel) won't be abating any time soon. FXR is the largest of the small caps with a nickel asset in Australia. Financing negotiations are set to complete this half of the year. This will probably look like the Gindalbie (GBG) story soon :)
http://www.dailytelegraph.com.au/business/breaking-news/chinese-steel-demand-to-double-by-2020-rio-tinto/story-e6freuyr-1225844313830