ANS for sale, page-70

The scale of the super cluster is very impressive but it only accounts for the immense commercial $ value.

From China's point of view, what's more important is the strategic value of the long-life, high-volume supply alternative to protect China's economy in terms of IO price stability and supply security.

The media rhetoric suggests China to urgently take all measures to reduce over dependency on hostile source of IO import.

China will pull out all the stops to ensure significant volumes of high grade iron ore enter the market not just to suppress the seaborne spot price but to reduce physical volumes of imported ores from perceived unreliable sources. Killing 2 birds with 1 stone. LOL

Shine ANS Shine !