News: Flinders Mines welcomes negotiations for railway to Pilbara iron ore project, page-2

I agree with previous posts about cost cutting measures and the fact that the announcement should have been price sensitive! It WOULDVE been price sensitive if the market new that management were making a concerted effort to reduce costs! ie. limited time at the trough lol
Looks like the Indians are getting serious ;-)   Interesting article here
http://m.businesstoday.in/story/ind...e-finance-minister-arun-jaitley/1/214190.html