Full article in Chinese: http://www.bocvip.com/2009-10-14/110282382.html

Australian miner Cazaly Resources Ltd. is seeking an investment of around A$100 million from Chinese steelmakers for its Parker Range iron ore project, executive director Nathan McMahon told Caijing on Oct. 14.
Parker Range has proven reserves of 23.5 million tons, McMahon said. The project is due to start operations in 18 months.
Another official at Cazaly, who asked not to be identified, said the company has contacted several major Chinese steelmakers for possible investments and that Chinese participation is likely to win Australian government approval.