Kashmiri
About time all Australuans were made aware of this and then watch the pollies start to think about sensible policies for our mining resources
As AF correctly pointed out the ore is owned by the Nation they have a lease that allows them to sell it at any bolume or price they want to
Tell Aussies how much company tax & royalties have evaporated and the benefits flowing to Chiba due to arrogance, oversupply and a grab at market share to knock out fellow OZ miners.
I'm sure that there will be uproar
I also strongly believe that the all bed broadcasts thAt show the AUD, Gold & oil price on each day, should be made to show the IO price, after all this is our biggest export item
They should also show the size of the debt and the daily interest cost ($40,0b and rising) to service the debt, mostly overseas funded.
A weekly infomercial updating us on Sam Walsh's team cup collection, with hus cheesy grin would he nice also, a true patriot, for Australia or China???
Who cares RIO's shareholders along with BHP's have money to burn
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