China elite are the big investors in IO in Australia so they don't want to see an almighty crash then
Xi might be in trouble and megalomaniacs tend to try and stay in power as long as they can.
We really ought to be making steel mills here to sell to the rest of the globe.
We have all the mining minerals here to build anything to sell to the rest of the globe.
China has over 3000 steel mills to mass produce steel. We can never complete with that but we can take a small enough
market to make billions.
Iron ore price, page-53098
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Last
$20.17 |
Change
0.030(0.15%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.33 | $20.39 | $20.14 | $16.97M | 837.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1195 | $20.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.18 | 767 | 4 |
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| Last trade - 10.20am 03/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |