Don't know much about them - but don't think they export much. Have been told we have an extractive economy - stick to shoveling dirt.
So what happens when we have far more resources than we can ship? Every second day an ASX junior claims a billion tonne deposit, we've got stranded coal deposits and gas everywhere. It seems as though the real bottlenecks are in shipping and infrastructure rather than the resource itself. Would make sense to do more processing here.
Perhaps Twiggy's the man for the job of resurrecting the industry?
bhp lock out fmg from shipping market, page-21
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Last
$19.75 |
Change
-0.230(1.15%) |
Mkt cap ! $60.22B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $164.1M | 8.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 65662 | $21.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.78 | 1614 | 3 |
View Market Depth
| Last trade - 15.59pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |