China getting desperate for our good coal !, page-103

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    have you noticed the price of iron ore the last 6 months. It has went up 3x. That is because of demand from China/US/EU and their post covid rebuilding is just starting. Australian miners was making a healthy profit at $60 per tonne. Now it is $200. And we have not seen the likes of India/ Middle East start emerging from their covid rebuilding.

    if China want to use their low grade domestic iron ore. Which requires significant heating and causes more CO2 emissions and creates large pollution clouds that harms the health of its citizens. That is up to them
 
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