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A report by consultants Port ­Jackson Partners published today...

  1. DrYenisun
    149 Posts.
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    30/05/12
    04:59
    Post #: 10240465
    A report by consultants Port ­Jackson Partners published today for the Minerals Council of Australia shows the loss of competitiveness means Australia lost market share in the decade from 2000 to 2010 in nearly all metals markets, despite a big increase in the volume of exports.

    The study found that even in iron ore, Australia had lost its competitive advantage for all but established projects in Western Australia’s ­Pilbara region.

    Iron ore projects in Australia are up to 75 per cent more expensive to build than in West Africa.

    http://www.afr.com/p/national/boom_under_threat_from_higher_costs_Ur8h6uSyJrzjm3P5yqhWwN
    SDL Price at posting: 41.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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