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BHP's slowing of its project development cycle will make it more difficult for aspiring iron ore...

BHP's slowing of its project development cycle will make it more difficult for aspiring iron ore producers to raise financing, likely leaving cash-strapped smaller companies vulnerable to takeovers, Ernst & Young's Mike Elliott speculates. Miners such as CLF, TCK or AAUKY.PK that could cut costs by sharing infrastructure to get their material from pit to port could be the most logical candidates.
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