Companies announce production plans all time without having negotiated a rail tariff. Because of the punitive nature of the take-or-pay structure it doesn't make sense to sign a rail deal until everything else is in place. If Cliffs has indeed signed a take-or-pay rail deal with the QNS&L for 14.4 MTA, then they are in major trouble. The Komatsu dragons are idle at the expansion construction site.
ADV doesn't want running rights. Your point is irrelevant.
The QNS&L does not charge virtually whatever they like. Ask NML, they won a tariff arbitration proceeding a couple of years ago.
I see you can tell which way the wind is blowing. Now you state the Hebei deal probably closes? That's what ADV's largest shareholders think too. We're all in agreement. So much for all the rumour mongering about cold feet.