Cliffs has somewhere around 15 million mt available, most of it already semi-processed. If your contact has about 15 billion available, he can likely get the whole thing with a bunch of metcoal and other projects thrown in. China can probably sell off all the coal, cr, and lump ore/fines they cannot use and end up with what they want for half price forever. There are a bunch of experienced folks in New York , London and Zurich who can give them a hand with liquidating the portions equipment and projects they do not need. The whole process would take about 6 months. He can have ore for Christmas, sooner with an early close.

NOT will likely consider taking the cr project off their hands at the right price.

For 1% net I will act as adviser but to avoid conflict any portion sold back to NOT would be totally free of fees.