The price of iron ore continues to fall.
BHPB, Rio, FMG and soon to produce Roy Hill continue to ramp the tonnes to maintain a level of earnings to shareholders.
The minor players will continue to fail and thousands in the mining industry will begin to and are losing their livelihoods.
Is this in the best interest of the Australian economy.
It is time for the Australian Government to curtail and cap this rapacious and self centred approach.
leadership required.
Shareholders in these companies will hold a differing view but the collateral damage to the majority will be significant.
