FMG 1.39% $19.22 fortescue ltd

China line up against Rio, BHP via FMG, page-49

  1. 48,809 Posts.
    For once I find myself in agreement with ddzx

    FMG are going to take our whole IO industry down the tubes.

    If we allow China to prop up low grade production in this country, then we are allowing China to buy our resources at lower than free market prices.

    We lose in that scenario big time.
 
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