AFR today has an undated article about the current situation in China' Steel making industry, citing Only 1 per cent of Chinese steel mills are currently profitable. that wouldn't paint a good picture of IO producers all over the world.
And next 1-2 year the gigantic Simandou mine will be slowly feeding the supply when starting production.
MGX would use the large cash reserve to make some acquisition now.
AFR today has an undated article about the current situation in...
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Mkt cap ! $382.8M | |||
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