Sure, if you must compare it to its price from the lows of the GFC.
How about comparing to Oct 2007, 15 years later its price is higher by just 4.86%.
The point is commodity stocks like BHP are cyclical in nature, you buy at the bottom of the cycle and sell at the top, rinse and repeat.
As China's growth slows (and it will) so too will demand for iron ore and iron ore price....plus you can bet China will divert its iron ore purchases once it is able to do so (even though mainstream will still have you believe that is a long way to go).
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