"The South African government has decided to impose an export tax on chrome ore exports."
(Source :Macquarie)
South Africa is a major exporter of Chromium (the stuff of stainless steel) & Platinum .
This is the proper way to treat China, IMO.
We should be doing similar with Iron Ore, IMO.
This would soon make China answer our Trade Minister's phone calls...eh?
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Crank up mining royalties on Iron ore, page-186
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