In the excitement associated with this, we can forgive whoever wrote it for saying 'In Principal' when he or she meant 'In Principle'.
Plenty of great detail in the announcement that while subject to finalisation should see this nascent company BCB progressing.
The comprehensive information provided is excellent. The proposed development is not far from Moranbah to which many employees of local coal mines regularly commute.
'These guys mean business' another 'HC' contributor said recently. I'm not a metallurgical engineer nor a miner, but one suspects our 'HC' source is on the right tram.
Recent negative publicity about mainland China decreasing steel production may well have been overstated as Chairman Xi knows he has to continue encouraging economic growth, especially given many small mainland Chinese businesses have been affected by coronavirus and allied restrictions. In the past, despite central CCP pronouncements, what's occurred locally has been somewhat different.
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