Would this suggested action trigger a response from the FIRB?
Is there a size limit above which the FIRB will simply not allow Chinese controlled interest? After all the RIO deal that was scuppered involved only a percentage control of supply of RIO's Iron Ore (RIO's Australian resource around 14billion? while noting that there are many unexplored tenements). There was also the OZL failure to take over....
Anyway I just thought it was worth discussing on this thread as the precedent has been set in the past regarding this sort of thing. There is the possibility of course that to allow control of OPR and a 3billion tonnes resource would be a good way for the Federal Govt to show China that Australia is not ALL anti-Chinese....
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