GBG gindalbie metals ltd

rio sees no slowing in iron ore demand, page-2

  1. 383 Posts.
    'Developing regions such as Indonesia, the Philippines, Thailand, Vietnam, the former Soviet Union, Middle East, Brazil were all urbanising, he said.'

    I think that's a key part of it; while China might 'slow' to 8% growth instead of 12%, the above places are continue to grow - without even a mention of India.

    There will no doubt be some peaks/troughs over the next few years, but there are a lot of very large countries/nations which are still yet to really go through a 'middle-class' boom; when they do, they're going to need plenty of resources.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.