RIO 0.69% $121.76 rio tinto limited

China not happy with iron ore price. Sends RIO a "Please explain"

  1. 196 Posts.
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    Well I hope RIO ignore the request. China is more than capable of figuring out the answer themselves. Start with principles of supoly and demand 101.
    Then start returning our phone calls of the last 6 months requesting discussions on sudden trade bans on certain export products. What free trade agreement?
    You have breached it into oblivion. Why would RIO jump to answer such a hollow, unfounded question? You need to start answering many questions before RIO even considers answering yours. And you know the answer anyway. Perhaps Australia should put a tax on iron ore shipped to China. Then we play same game as you. That would be fair, yes?
    You cannot argue with that China.
 
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