Cazaly, Rhodes Ridge and Plan B

CAZALY Resources is still months away from finding out whether its “smoky” – Rio Tinto’s Rhodes Ridge iron ore deposit – will fall into its hands. In the meantime, Cazaly managing director Nathan McMahon is beefing up his Plan B: the Parker Range iron ore project in Western Australia’s Yilgarn. The Metal Detective, by Stephen Bell.

It is nearly four years since Perth-based Cazaly hogged international headlines by launching an audacious grab for Rio Tinto’s Shovelanna iron ore project in the Pilbara.