China isn't mincing words anymore. They are finally calling a spade a spade. Enough is enough as it were as the IO price goes berserk once again.
They realize China must create as much supply of high grade ore to alter the imbalance. Hence, ANS and Bestway fast tracking the infrastructure solution will now help to unleash the production from an entire IO region. An IPO and relisting soon allows ANS to be properly valued and appreciated by the market and investment community.
At last, the CISA backed by the government are pulling out all the stops and throwing everything including the kitchen sink at the never ending IO over dependency problem.
China has talked about dealing with the threat for a decade on and off. But in 2022, the over reliance on a single source of import is now a clear and present danger. Proverbially, they saw the last geopolitical straw that broke the camel's back. LOL
Bring it on. Go Ding !
Add to My Watchlist
What is My Watchlist?