Hi Guys,Forget about the take over for now, NRDC made it very...

Hi Guys,

Forget about the take over for now, NRDC made it very clear:

The NDRC (China’s top economic planning authority):

China to invest more in overseas iron ore

#Seek to form... cooperation by way of equity participation,
balancing profit between iron ore price and steel product price,form JV in mine and mill construction


#Have financial institutions, domestic and international railway construction companies, port constructors and power suppliers and even private sector pooling resources ; and

#Support Chinese companies investing in building steel mills and heavy industrial projects abroad

cheers
bouhr