Not only Rio. But the largest profiteers from the iron ore boom are A.Forrest and G. RHINHART. 20 BILL. each profit in the last year for shovelling dirt onto conveyor belt, so that the chinese can built more war ships, fighter plans and rockets. Then A.Forrest sells 100 Mill. worth of chinese facemask to the goverment and it becomes a media event. This 2 individuals could invest in many Aussie Companies like TTT or RFX to create jops here and improve the budget line. Last i heard A.Forrest was overseas again. Last time he caught the virus. Of course the workers are so much cheaper overseas (easy money). He wants to produce green steel with H2 when we cannot produce normal steel because we are not competitive.All talk to get more government grants whilst at the same time he wants to be a philanthropist. Perhaps the next gov. General. Put your money where your mouth is into Australan companies with future tech.
TTT Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
