The whole market is being smashed today.
Iron ore price dropped from 215/ton to 135/ton in one month.
Thank God the price of Coal is holding up.
I see the U.N. says we have to stop producing Coal within the decade.
This is despite the fact that China, India, Indonesia are going gangbusters in producing more Coal power plants.
We should tell the U.N. to bugger off but do our politicians have the kahunas.
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