FMG 1.56% $18.27 fortescue ltd

China's game, page-31

  1. 3,789 Posts.
    lightbulb Created with Sketch. 757
    In 2012 Japan took China to the WTO and won over certain minerals needed for equipment.
    China used to be the number 1 for this rare mineral.

    Australia found to have this mineral and now China no longer the biggest supplier of this rare mineral
    where other countries now buy it from Australia and other countries.

    China will end up locking itself out of markets like what happened in 2012.

    Good on Australia for taking them to the WTO over that grain and they look like they'll do it on other
    things that China has blocked us with.

    Other countries are looking on with interest at how Aust is pushing back on China.
    Think we'll see new trading blocks with other countries and China look very foolish and lose out.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$18.27
Change
-0.290(1.56%)
Mkt cap ! $56.25B
Open High Low Value Volume
$18.70 $18.72 $18.21 $313.4M 17.09M

Buyers (Bids)

No. Vol. Price($)
2 45418 $18.27
 

Sellers (Offers)

Price($) Vol. No.
$18.30 1200 1
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.