Great point Praetor. But if I were Clive Palmer I wouldn't be...

Great point Praetor. But if I were Clive Palmer I wouldn't be building that Titanic just yet. Cause with the colossal African IO hubs in Central and West Africa in full swing, Palmer's mine will be making a $50+ loss for every ton mined and shipped.

Even world class C1 cost FMG in which I am heavily invested will experience very lean profits even at their low production cost. This is why Gina Rheinhart is sounding the alarm to the MPs now that cost cutting will be critical to maintain viability.

Oz will be facing the daunting prospect of selling hundreds of millions of tons less while at a greatly reduced price. On the flip side of the coin, the poor Africans living hand to mouth can benefit in this shift.