Interesting read. This article and several others I came across...

Interesting read. This article and several others I came across shows the big miners like BHP and Rio are totally unfazed and are dismissing the consolidation of iron ore procurement by China steel companies as a joke.

Kind of makes sense when the big Aussie miners are still the ones owning the ores and this China Minerals Resource Group still represents the same aggregate Chinese demand. LOL

With Guinea Simandou now a sovereign risk basketcase totally frozen, the only way China can make a difference is approval infrastructure funding for ANS and Bestway so we can get on with the big build to unlock the whole region of high grade, long life, low cost and low impurity world class DSO.

Bring it on !