While you have your view, which I have to respect, you might be right.
However, It doesn't take a rocket scientist to know that the momentum of decarbonization is well and truly underway.
Premium-grade iron ore will become more sort after. Was there a carbon tax in Europe 10 years ago?
Why do you think FMG has spent billions now so their low grades don't become obsolete?
Banks face difficulties funding carbon-heavy projects which will put more emphasis on green projects.
Do you think the green revolution is just starting or stopping?
It's not guaranteed, but WoodMac said Iron Bridge and Hawsons Iron would be critical if Australia is able to “compete in a 1.5°C world.
I guess we will see who's right in the next 10 years
Ann: Trading Halt, page-59
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