FAS 0.00% 0.4¢ fairstar resources limited

maybe a dump question

  1. 6,238 Posts.
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    must admit don't even know where our ore is.
    just jumped on board a few weeks ago.

    but this headline from todays australian jumps at me:

    RIO Tinto plans to spend up to $US8 billion ($8.7bn) expanding its iron ore mines in Western Australia to feed China's urbanisation, in a further sign the nation's mining investment has far from ground to a halt.

    - See more at: http://www.theaustralian.com.au/business/mining-energy/rio-gives-mining-boom-a-9bn-lift/story-e6frg9df-1226770838317#sthash.TBKnKTb9.dpuf

    could that have anything to do with us? are we near rio?
 
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