- The new environmental laws in China could dampen the demand for more iron ore.
- China obivously don't enjoy being reliant on Australian iron ore to make steel and if Xi decides to attack Tawain next year the whole thing goes belly up.
- There's also Vale ramping up production and China prefering Brazilian iron ore, albeit I can't imgaine many Brazilians have a positive view of China right at the moement.
- FMG have not been overly successful in reducing costs
- potential compensation owed by FMG to first nations titleholders for use of their land, there is always uncertainty with judges and how crazy they might go if the courts rule against FMG
Iron ore price, page-30225
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