chinese desperate for iron ore

QUOTE FROM GWR
"We don't understand why Yilgarn has not received any support from the government over its proposal to build a railway from us [Wiluna West] down to Geraldton and to Oakajee because that would answer all our problems," Mr Lester said.

LOOKS LIKE GWR WILL STRUGGLE TO GET ITS EXPENSIVE TO MINE ORE NEARLY 1000KM TO A PORT.


FMG is struggling to repay its $6B debt due to its inability to ship good quality ore.

are the chinese desperate for iron ore given that VALIN china's 6th largest steel mill has pumped big money into both FMG and GWR who at the moment both look very shakey ?

this certainly makes GBG business case a real standout considering all the things that can go wrong in the world of iron ore mining.