re: fmg interesting

Terryl,
Maybe the Indians may feel left out if China is securing up the reserves of the world. I posted an article a while ago from India stating that the Indians will outgrow there own supply of ore. Steel manufactures within India are wary of this and grabbing what they have already.... wouldn't be surprised if they are also looking overseas..... this maybe the next amount beyond the initial 1bill tonnes... plenty there I suspect... also noticed that SRK have meet MCC recently.. Interesting as they have a large deposit in sthn America. How much ore are the Chinese expecting to need.....maybe more than we think....