Not just W.A.I don't think the average Aussie is aware that our...

Not just W.A.
I don't think the average Aussie is aware that our general quality of life will be trending down.
(Forget short term inflation issues and Covid disruptions this year and next)

Whilst diplomatic relations with China might be thawing, if there is a genuine desire to stop buying Aussie iron ore, then that's $149 billion of income (2020/2021) that wouldn't be there. That's a lot of royalties, tax AND dividends not getting back into the economy.

But then again, why would Sinosteel bother with their current assessment to unlock WA's mid west... so who knows.
None of this makes sense.

With Simandou coming on line, there is going to be a glut of iron ore supply in 5+ years time.