Hope for Whyalla...?, page-10

IMO,steel factories in developed countries can survive only when factories have full atomatic process with small number of low wage workers and produce high quality steels.
Let us compare the weekly wages of Australian workers and Chinese workers.
Australian workers may get more than one thousand dollars per week average but Chinese may get one hundred dollars per week average.
IMO,ARI should be a major importer and distributor of steel bars and shut down all loss making businesses ASAP.
ARI should try to sell 49 percent of Moly-Corp stakes to Chinese competitor not to hedge fund which wants to get interest.