SRK strike resources limited

AFR's Article "China’s plan to wean itself off Australian iron...

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    AFR's Article "China’s plan to wean itself off Australian iron ore"

    Key goal is diversifying from Australia's Iron ore :
    - not feasible in the short/middle-term. Australia still enjoys good prices of iron ore for at least a year or more. Therefore, good for SRK.
    - Any Chinese government interference in the market : harmful to China first, as this delays Chinese steel production
    - "The ministry envisages a China Inc-style approach to build alternative suppliers, with steel makers, resources companies, banks and transport companies all encouraged to form consortia to explore projects abroad." So, speculation : they will look at SRK's Apurimac sometime in the near future.
    DYOR

 
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