Scotty from marketing will spin it, won't make any difference, apart from laughter heard from behind closed doors in China.
China are lining Australia up big time.
Higher grade coking coal from Mongolia, will ramp up next year when the railway line is completed.
https://news.mn/en/793890/
That leaves Iron Ore.
from the AFR April 9,2021
"Chanticleer
China’s African iron ore strategy spells danger for Australia
The Simandou iron ore deposit in West Africa has the potential to change the dynamics of the global iron ore market and put China in the driver’s seat."
The Chinese will spend the money for major infrastructure, if they feel like it.
Did someone say SML?
Ausie/China Relations, page-2
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