both Bhp and Rio looking to diversify
they both know that China will get the bulk of iron ore from Africa in the next 10 years or so
each look for clean raw earths , that are scaleable and very long life
mmm , makes u think
i for one DO NOT want a takeover until all 3 plants are running at nameplate capacity eg 2mtpa each for 6mtpa
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-75
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