also one steel has one big advantage over other similar cap mining firms is but common with fmg, bhp and rio alike. which is we got our own port/logistics facilities. Australia have many mines but how many of mining firms have their own logistic and port facilities? you can count them by your fingers.
furthermore building up your own mining infrastructures like logistic/ports will help to offset incoming mining resource tax. please correct me if i am wrong on this one.
OST Price at posting:
$1.27 Sentiment: None Disclosure: Held