territory resources ltd

Fin Review today Chinese may relent in iron ore negotiations, Australia,s iron ore exporters are poised to win price increases of more then 80 per cent for 2008-09 shipments to china and the rest of Asia.

Chinese steel mills do not want to see all products from the two Australian miners enter the spot market, as current spot prices are even higher then a contracted price.

Very good news for TTY future is looking good, with ramp-up in progress we are in the box seat, all we need now is for MK to supply the food and drink.