AGO 0.00% 4.5¢ atlas iron limited

resources demand, page-13

  1. 32,368 Posts.
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    er6n
    You are right, I should have said 10-15 (2025) and yes when the demand for higher wages are meet this is when the switch will come to India and we will be seeing not "made in China" but almost everything we hold will be "made in India"

    And the boom wont be like the previous Japan, Taiwan booms but just as big as China's.

    Once those wages in China go up and the cost of employment I wonder what the cost to mine IO out of the ground will be in China ? Higher or lower ? And I wonder what that would push the price of IO too...mmmmm I think I may have the answer to that!
 
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