Now is the time for strategic acquisitions with the head of Chinalco recently stating that China's urbanisation plans were now entering an industrialisation phase which would depend upon a supply of mineral resources for decades.
The mining boom has a long time to run and smart miners should seek to increase their reserves of iron ore and mineral resources for future export opportunities.
Other countries could soon follow China's successful economic strategy and urbanisation plan which require vast quantities of mineral resources.
In my opinion.
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