Hi (ausjpn)
I think it will still be as they announced before about who will take what percentage of different types of iron ore.
They are going to end up having four or five different types of iron ore.
The Chinese though are looking not only to buy iron ore but also make money and have a presents in Cameroon.
They are then in on the ground floor ready to take advantage of any projects or financing deals they can get.
Central Africa,North West Africa and West Africa has a lot of interest from Resource companies from around the world.
As well as Asian countries like China,India Korea And Malaysia.The Arab countries are also spending up big time in this area.
Regards
Westcott.
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