BHP worried about competition in the Pilbra ??
the combined IO minnows in OZ ..dont make up enough to beat Roy hill...
Mgx 5m +Bci 5m +GRR 2.5m +AGO 13m +AJM 2m + IOH 10m = 37m tpa ...
its a fraction of the big boys 700mtpa ..at 3 to 5% of Australian output.
WHY are they are trying to kill the 5% of production coming out of Pilbra ????
to save on Wages bill as unemployment rises in WA .??
(what happened to automation = less wages ) ?
by destroying 60% of their own Margins + Profits they will beat the minnows out.?????
why bother to kill 5% off ..
so Dumb !!
BHP are soo dumb !!
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